Tax and Accountancy tips
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Tax and Accountancy tips. Monday, 8 November 2010. VAT on Internet advertising. The reverse charge mechanism applies whether the supplier is within the EU or the rest of the world outside the UK, so the same treatment applies to invoices from Google Ireland Ltd and from Facebook. However, certain accounting software programmes need some special tweaks to cope with the reverse charge on purchases. Check that your system is processing the VAT on the internet advertising costs correctly.CONTENT
This web page phillips-associates.blogspot.com states the following, "Monday, 8 November 2010." We saw that the webpage said " The reverse charge mechanism applies whether the supplier is within the EU or the rest of the world outside the UK, so the same treatment applies to invoices from Google Ireland Ltd and from Facebook." It also said " However, certain accounting software programmes need some special tweaks to cope with the reverse charge on purchases. Check that your system is processing the VAT on the internet advertising costs correctly."SEEK SIMILAR DOMAINS
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