V3.425 Reverse charge

Input tax

Tax on relevant supplies1 supplied to a taxable person by a person who belongs in a country other than the UK is input tax2. The tax concerned is the amount which the taxable person is required to account for and pay under the reverse charge provisions described in V3.231–V3.2323. A reverse charge is also specified in relation to the importation of gas, electricity, heat and cooling received from abroad (see V3.232).

Supplies treated as made by the taxable person under the reverse charge provisions are not taken into account as supplies made by him when determining

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