VAT- Republic of Ireland and NI Customers and Suppliers

Dawn72 · ‎April 28, 2021

I am looking for some help with VAT please. My client is registered is based in Northern Ireland and has voluntarily registered for VAT with HMRC. They have customers and suppliers in both the UK and the Republic of Ireland. Can someone please confirm how I would process VAT invoices for sales and purchases for ROI transactions - would I record as "No VAT" for those in order that they are not included in the VAT return?

Rose-A · ‎April 28, 2021

Hi, Dawn72.

Yes, you can record the transactions and choose the No VAT option so they'll not be included when processing your returns.

I'm adding this article to know more about this: Brexit FAQ. On the same link, you'll find steps on how to import VAT codes as well as how they're reflected in QuickBooks Online.

Lastly, you can check out our resource hub to get links about managing your tax-related tasks in QBO.

Feel free to get back to me if you have any other concerns. I'm always here to lend a helping hand.

Dawn72 · ‎May 20, 2021

I was advised today by an accountant that this would not be the case - there should be 20% VAT included in all sales made directly to consumers as obviously they are members of the public and won't be VAT registered. Can anyone confirm whether this is correct please.