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May 15, 2022 4:36 PM UTC
Solved

HiWhat vat code do I use for a purchase from Ireland which states reverse charge rule applies?Thanks

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AileneAAnswer
May 15, 2022 5:46 PM UTC

Hello, frantovey01. 

 

In QuickBooks, by default, reverse charge VAT code for services. Used for goods or services bought from someone in another EU country that are classed as standard rate in the UK. 

 

To learn more about the VAT codes and rates in QBO, check out this article: QuickBooks VAT codes.  

 

Stay in touch with me if there's anything else you need by commenting below. I'm always around to help with your VAT concern in QuickBooks.

2 replies

AileneAAnswer
May 15, 2022 5:46 PM UTC

Hello, frantovey01. 

 

In QuickBooks, by default, reverse charge VAT code for services. Used for goods or services bought from someone in another EU country that are classed as standard rate in the UK. 

 

To learn more about the VAT codes and rates in QBO, check out this article: QuickBooks VAT codes.  

 

Stay in touch with me if there's anything else you need by commenting below. I'm always around to help with your VAT concern in QuickBooks.

paul72
May 16, 2022 12:05 PM UTC

Hi @frantovey01 

 

Two important questions...

(1) is it for goods or services?

(2) are you in Northern Ireland?