V3.230 Reverse charge—overview

The 'reverse charge'

V3.230 Reverse charge—overview

The reverse charge, in the context of VAT, refers to provisions which transfer the liability to account for and pay VAT from the person who is making the supply to the recipient of the supply. Broadly, where a reverse charge applies the recipient of the supply is treated as being both supplier and customer for VAT purposes. This is sometimes referred to as the customer 'self-accounting' for VAT. To the extent that VAT is recoverable by the recipient of the supply, the reverse charge may simply be an administrative entry on a VAT

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to TolleyLibrary or register for a free trial