Hi,

Thanks for using Community Hub.

The VAT Code to use would depend on the VAT liability of the service and how the Revenue expect the figures to affect your VAT Return.

This is a list of the default tax codes available in the software: Tax codes > 

I would suggest checking with your accountant or the Revenue as to how the VAT should be treated and then an appropriate tax code can be found.

Regards,

Andy
Sage UK

Hi Andy.  I have to self account for this purchase on my VAT return.  What I need is a code for "Standard rated purchase of services from suppliers outside EC"  which I dont see.  T24 is for services from suppliers in EC.  Only other code would be the postponed VAT codes, however this does not appear to be correct as there is no import as such.

Hi, if an appropriate code isn't listed on the article, we'd need to know how the values are expected to affect the boxes of the VAT Return, then we can advise which existing code will achieve that result.

Andy

Hi Andy

The code we would require would be similar to T24 - Standard rated purchased of services from supplier in EC- however it is one for Standard rated purchases of services from suppliers ROW.

This is the advise I have received from my accountant

Revenue guidance states as you are receiving a service from outside the EU you are regarded as the supplier for VAT purposes and  that you include this invoice in VAT on sales -  T1 ( as received services) and VAT on purchases T2 (received services).

Thanks for coming back, if your accountant can advise which boxes on the return should be affected then this guide will help to narrow down the code that will do that: Republic of Ireland standard VAT scheme >

Andy

Thanks for coming back, if your accountant can advise which boxes on the return should be affected then this guide will help to narrow down the code that will do that: Republic of Ireland standard VAT scheme >

Andy