Zero rated goods imported from EC supplier - how do i ensure no entry on box 2 on the vat return
Question asked by Christine Thomson 5 years ago
EC based Supplier provides their vat number and has not charged vat
Options are selected so that the item is marked as goods from EU supplier and vat rate is chosen as 0.
Presumably this is the standard procedure that works for standard rated imports in that the pre-populated vat return box 2 and 4 amounts contain 20% of the amount paid on the basis that the goods will be standard rated and therefore subject to acquisition tax.
How do i proceed with import of goods that are zero rated (books) - vat office advise appears to suggest that (7.4 notice 725) there should be no entry in box 2 (or matching entry in box 4) but using the standard settings i can't seem to achieve a no entry in box 2 results whilst ensuring there is an entry in box 9. Thanks