Can you submit EC sales list online?

You can send your completed EC Sales List electronically or on paper.

Do I still have to submit an EC sales List?

Yes, you’ll still be required to complete one final EC Sales list submission for transactions up to and including the 31st December 2020. This must be filed by the 21st of January 2021 to avoid penalties. After this, no further EC Sales lists will need to be filed.

What should be included in EC sales list?

What information goes on an EC Sales List?

• The EU VAT Registered business name.
• The 2 letter country code of that business.
• Their VAT number.
• The value of the goods or services provided and its relevant code (1, 2, or 3)

What replaced the EC sales list?

Brexit changes from 1 January 2021

• An EC Sales List (ESL) to HMRC (for Northern Ireland, but not Great Britain).
• A VAT Information Exchange System (VIES) return to the Irish Revenue (for Ireland).

What is the difference between EC sales List and Intrastat?

Intrastat is a statistical return and EC Sales list is a tax return. Intrastat is sent to customs and statistical authorities whereas EC Sales is submitted in the portal of your usual tax returns.

How do I show EU purchases on VAT return?

The notes provided by HMRC read as follows: “In box 7 show the value excluding VAT of all your inputs (purchases of goods and services). Include zero rated, exempt inputs and EU acquisitions from box 9.”

Do I pay VAT on EU purchases after Brexit?

VAT after Brexit The UK no longer has to comply with the EU’s minimum VAT rate of 15 per cent. All goods now moved between the EU and UK are counted as imports and exports meaning they are subject to import VAT. An EORI number is required to move goods between the UK and EU.

Do you charge VAT on EU sales?

If you provide services to customers outside the EU, you usually do not charge VAT. However, if the service is used in another EU country, that country can decide to charge the VAT. You may still deduct the VAT that you paid on related expenses, such as for goods or services purchased specifically to make those sales.

What information is required for Intrastat?

Intrastat filings require details of all dispatches (sales) of goods to other EU countries, plus the arrivals (purchases). Details required of each transaction include: Description of the goods. Commodity code of the goods.

What are zero rated EC services?

Zero Rated – This is used where the supply of goods is Zero rated, such as children’s clothes, basic foods, books and newspapers. If your supply is Zero rated, use “Zero Rated Income”. If an expense was Zero rated or the supplier was not registered for VAT, use “Zero Rated Expense”.