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Get your Payroll questions answered by a QuickBooks Product Manager here - intuit.me/31Nl3My
Alexey Danilov
Level 2

I'm about to file first Flat Rate Scheme VAT through QB.There is a reverse charge invoice.If I use tax code 20.0% RC SG VAT is shown on box 4 but not box 1. Is it a bug?

I'm about to file first Flat Rate Scheme VAT through QB.There is a reverse charge invoice.If I use tax code 20.0% RC SG VAT is shown on box 4 but not box 1. Is it a bug?

 

HMRC says the following on this: 
If your business "purchases services from outside the UK to which the reverse charge applies" - "these supplies should be dealt with outside of the Flat Rate Scheme. Exclude them from your flat rate turnover but record them in boxes 1 and 4 of your VAT Return, as you would under normal accounting. "

3 REPLIES 3
EmmaM
QuickBooks Team

I'm about to file first Flat Rate Scheme VAT through QB.There is a reverse charge invoice.If I use tax code 20.0% RC SG VAT is shown on box 4 but not box 1. Is it a bug?

Hi Alexy,

 

This is a known issue at the moment with the reverse charge code that our engineers are working to resolve. In order to add you to the investigation please contact us via private message on either Twitter of Facebook so that we can take your company ID or email address as the community page would remove this if you post this.

 

Thanks

 

Emma

Charlie Winter
Level 1

I'm about to file first Flat Rate Scheme VAT through QB.There is a reverse charge invoice.If I use tax code 20.0% RC SG VAT is shown on box 4 but not box 1. Is it a bug?

Hi,

 

Has this been fixed? I'm trying to submit my first VAT return using RC MPCC and am having the same issues under flat rate?

 

Thanks

Charlie

 

FritzF
Moderator

I'm about to file first Flat Rate Scheme VAT through QB.There is a reverse charge invoice.If I use tax code 20.0% RC SG VAT is shown on box 4 but not box 1. Is it a bug?

Thanks for joining this conversation, @Charlie Winter.

 

We received reports regarding users having the same issue. A ticket (INV-36974) has been created and forwarded to our Product Engineers. They're now working to fix this as quickly as possible.

 

In the meantime, I highly suggest contacting our Phone Support team so they can add you to our notification list. This will help our Engineers determine the number of affected users. An email notification will be sent to you once this has been resolved. I'll also inform you here when we get the update as well.

 

Here's how to reach them:

 

  1. In QuickBooks Online (QBO), click the Help (question mark) icon at the top right.
  2. Select Contact Us at the bottom to connect with our live support.

 

Just in case, I'll add these articles for future reference:

 

 

Please leave a comment in this thread if you have any other issues or concerns. I'll be here to help. Have a good one!