Where do EC sales go on the VAT return?

The net value of all purchases of goods and/or services should be included in box 7. This includes reverse charge transactions. Any supplies of goods up to 31 December 2020 by a UK business will be declared in box 8 and supplies of goods to EU business will be also declared on the EC sales list.

How do I fill out an EC sales List?

Completing a EC Sales List

Your name and trading address.
Your nine-digit VAT registration number.
Period reference – for example 03 13.
Period for goods / service from and to – these are the months and years for the period you are reporting.
Branch/subsidiary identifier can be left blank unless you have been issued one.

Do I need to submit EC sales list?

For the export of goods or the supply of services made to EU businesses on or after 1 January 2021, you will not need to submit an EC Sales List (ESL) . You will have until 21 January 2021 to submit ESLs for sales made before 1 January 2021.

Does Box 6 on VAT return include EC sales?

Box 6 total value of sales and all other outputs excluding any VAT. Show the total value of all your business sales and other specific outputs but leave out any VAT .

Do you charge VAT on EC sales?

If you sell, send or transfer goods out of the UK you do not normally need to charge VAT on them. You can zero rate most exports from: Great Britain to any destination outside the UK. Northern Ireland to a destination outside the UK and EU.

Is there a penalty for late filing of EC Sales List?

Failure to submit an EC sales list (ESL) by the due date can give rise to a civil penalty at a daily rate. If an ESL is not submitted by the due date, HMRC may issue a notice. If the ESL is not submitted within a further 14 days, then a penalty will be due.

What is included on an EC sales List?

The EC Sales list declaration must always include the following information about each sale to another EU country:

The customer’s name.
The customer’s EU VAT numbers.
Their country codes.
The value amount of the transactions reported.

Is there a penalty for late filing of EC sales List?

What should be on EC sales list?

What should I include in an EC Sales List?

Details about your EU customer(s)
The value of goods and services you’ve supplied, in sterling.
Your customer’s country code.

Do I charge VAT to EU after Brexit?

After Brexit, businesses based in Great Britain (England, Scotland, and Wales) can no longer apply the reverse charge to EU sales. If your business is based in Great Britain, and you sell goods to EU businesses, you will not apply VAT to your invoices.

Does insurance go in box 7 on VAT return?

A. The inputs box of the VAT return should include all “supplies” of goods or services received by your business. This includes exempt, zero-rated and VATable supplies, so you are right to include the insurance premiums in Box 7. Insurance is a supply of services, albeit exempt from VAT.

How do I submit an EC sales List to HMRC?

Use EC Sales List. You must register and enrol for HMRC online services. When you have registered and enrolled, sign in to EC Sales List using your user ID and password. Choose ECSL from the list of services displayed, then select the web form option.

Do you need an EC Sales List in the UK?

If a UK VAT registered business, resident or non-resident, is selling goods or services to other VAT registered companies in Europe, then an EC Sales List (ESL) return may be required. These may also be known as recapitulative statements. This is in addition to the regular UK VAT return or UK Intrastat.

Do you need VAT registration number for EC Sales?

You must show a valid VAT registration number for your customer on both your customer invoice and your EC Sales List. You will not be able to zero rate your sales if you have not got your customer’s valid VAT registration number. Enter your customer’s 2 letter country code and the VAT registration number separately in the appropriate boxes.

Is the EC Sales List the same as VIES return?

Note: Although the report is called the EC Sales List, the information is also suitable for your VIES return in Ireland. The report XML file includes the following information: The customer’s country code. The customer’s VAT registration numbers. The value of goods supplied in the period.

How to report sales of goods to the EU for VAT?

When you have confirmed that the VAT registration number is valid, enter it on the EC Sales List. Do not include: Add up the value of all the supplies of goods or services you have made in the period rounding down to the nearest whole pound. Enter a separate value for each customer and each type of supply made.

Where do EC sales go on the VAT return?