Steve Bolo

Apologies. For purchases of stock from the EU and China, I have applied a zero-rated tax rate. Is this the correct approach? Thank you.

To whom it may concern, I am seeking advice regarding VAT compliance to ensure I am using the correct tax rates in our accounting software for VAT Return submissions. For software service platforms we are using in the EU and USA, I have applied a reverse charge VAT expense. For purchases from the EU and China, I have applied a zero-rated tax rate. Could you please advise if this is the correct approach? Any help would be much appreciated. Thank you Ste

I work for a VAT registered company. For the past two years, the company have been paying for the services of a consultant. I recently discovered that this consultant is also VAT registered. I would like to know if we can recover the VAT for the prior six months. I understand that this is the rule for recovery of input VTA for services prior to registration, but I am unsure if this applies to a company that is already VAT registered. Could you please provide clarification on this matter? Thank you. Steve