'Services Imported - Reverse Charge' VAT return Boxes

Question asked by Sam Jackson 4 years ago

Hi Mohamed,

Hope you are well.

I was just wondering if you can confirm, and where possible, point us in the direction of some further reading, which boxes on the VAT return should accommodate the new post Brexit reverse charges. I'm seeing them being posted in Boxes 1, 4, 6 & 7 however my accountant is querying the posting in Box 4? I'm sure it is correct but thought I'd ask the question here as I'm sure others will get asked or ask this same question.

Cheers,

Sam

Write reply4

4 Replies

Hi Sam,

You're more than welcome and that is perfectly fine. No need to apologise.

All the best,

Mohamed.

Best answer
4 years ago

Thanks Mohamed, and apologies for spelling your name incorrectly, I don't seem to be able to edit my second message to correct it!

4 years ago

Hey Mohamad and Team,

I'm going to answer my own question and trwalling the HMRC website:

Dealing with the reverse charge (on services):

https://www.gov.uk/guidance/vat-imports-acquisitions-and-purchases-from-abroad#services-received-from-overseas-suppliers

You calculate the amount of VAT (output tax) on the full value of the services supplied to you, and then enter on your VAT Return the:

amount of VAT you calculated in box 1, and if you’re entitled to reclaim some or all of the VAT on your purchase of these supplies, also put the same figure in box 4 (this in effect cancels out the figure in box 1)

full value of the supply in both box 6 and box 7

4 years ago

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