irishbogger
Registered User
- Messages
- 47
Hi all,
Can anyone confirm the following, I have simplified the numbers.
I purchase a product from UK (0% VAT - All OK with reverse charging etc. for VAT3): 2,000 eur
I provide support for this product: 6,000 eur
My VAT for service is 13.5% (Confirmed with Revenue)
So, I charge the customer a total of 8,000 eur + 13.5%, correct? (2/3 rule)
I know if the product was over 2/3, I charge 23%, i'm just confused how it works the other way round.
Many thanks.
Can anyone confirm the following, I have simplified the numbers.
I purchase a product from UK (0% VAT - All OK with reverse charging etc. for VAT3): 2,000 eur
I provide support for this product: 6,000 eur
My VAT for service is 13.5% (Confirmed with Revenue)
So, I charge the customer a total of 8,000 eur + 13.5%, correct? (2/3 rule)
I know if the product was over 2/3, I charge 23%, i'm just confused how it works the other way round.
Many thanks.