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Quick Question.......

Discussion in 'Accounts and Finance' started by Ryan Cameron, Jun 26, 2015.

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  1. Ryan Cameron

    Ryan Cameron Member

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    I'm running a UK agency supplying consultancy solutions. I supply a client from the European union and, therefore, have to complete an ECSL every month.

    I am due to upload the ECSL for One-fourth Two in this yr, however, my accounts in those times haven't been paid by the client also it doesn't seem likely that they will if I am trustworthy.

    My problem, therefore, is, do I go on and upload the ECSL for sales of working as a consultant despite the fact that there's a pretty good possibility the invoices won't be paid?
     
  2. Dandelion

    Dandelion Member

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    You’ll need to complete an ESL if you’ve:

    • filled in Box 8 of your VAT Return; HMRC will automatically send you an ESL to complete
    • supplied any goods to a VAT-registered business in another EU country (this applies even if you didn’t invoice for them, unless they count as samples for VAT purposes)
    • moved any of your own goods to a VAT-registered branch, office or subsidiary company that you own in another EU country
    • given a VAT-registered customer in another EU country a credit note for goods, even if you didn’t supply them with any goods in this period
    • sold goods to a VAT-registered customer in another EU country and arranged for your supplier, who’s located in one EU country, to send the goods directly to your customer (this is triangulation)
    • supplied services to a VAT-registered EU businesses and that business accounts for the VAT (this is the reverse charge)
     

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