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You don't pay VAT on intra-EU B2B transactions; the buyer adds the VAT amount at their country's rate to both the amount to pay and the amount to claim back, ca
by joefourier 6y ago
You don't pay VAT on intra-EU B2B transactions; the buyer adds the VAT amount at their country's rate to both the amount to pay and the amount to claim back, cancelling it out.
- imhoguy 6y agoThis, reverse charge.
- TazeTSchnitzel 6y agoThe reverse charge is still VAT being paid, just differently.
- joefourier 6y agoHow so if the net liability change is nil? No extra money comes out of your account, it's just a paper charge that cancels itself. If I have misinterpreted it, I would very much like to know so I can inform my accountant. VAT is enough of a hairy mess as it is.