uUK company Irish VAT

SOLVED

We are a UK company with a few customers in the Republic of Ireland and for one customer we have been persuaded to register for Irish VAT

I have not yet received a number or information pack, but in the meantime I am looking for advise

Firstly do I need to set up a seperate company in Sage

If not what tax code do I use and will it appear on a seperate report for me to (I do not know how yet) do an Irish VAT return and pay to ROI customs and Excise?

Any help at all will be most appreciated

Annette

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  • +1
    verified answer

    Hi Annette,

    Thanks for using Community Hub.

    You would need two companies for this and you would need to record all transactions in both companies for reporting purposes. The type of VAT Return generated by the software, UK or Irish is controlled by the regional settings on the computer, so if you're generating an Irish VAT Return you'd need to change your settings to Irish and then back to UK settings for any UK VAT Return Generation. Individual transactions are picked up based on the tax code you use in the software.

    If this helps, please click Verify Answer.

    Regards,

    Andy
    Sage UKI

  • +1 in reply to Andy Rickeard
    verified answer

    That is helpful and I'm sure as I get started I will muddle through

    I will no doubt be back with further questions

    Regards

    Annette

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