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February 12, 2021
Question

Hi. I am trying to figure out the VAT rates in QBO Ireland. Can someone please tell me what the rate with R after them are? e.g. whats the difference between 0% & 0% - R?

  • February 12, 2021
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1 reply

February 12, 2021

I'll share what I know about this, skelly27.

 

The VAT reverse charge is at its simplest a mechanism where the liability to account for and pay VAT on cross-border services is transferred from the supplier to the receiver of certain services. I'd recommend contacting your state agency to know more about the difference between the two sales tax codes.

 

Once you've confirmed their difference, we can always go back to QuickBooks Online and set up the sales tax codes correctly. You can also use these links for reference: 

Keep us posted about this so we can further assist you.