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Aug 15, 2022 8:13 AM UTC
Question

VAT Accounted for by Principal Contractor - which VAT code to use Ireland

We have 2 suppliers who invoice us and the invoice states 'Vat to be accounted for by principal contractor' - there is no vat on there invoice but I need to account for it for VAT returns etc 

the only vat codes i can see that may be relevant are RCGR and RCG - if I use these codes how will they affect the trial balance etc?  will they account for the vat and also take it off again ?   

Thanks