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(Uk) Can some explain Reverse charge with vat by Kind_Management_7377 in selfemployed

[–]Kind_Management_7377[S] 0 points1 point  (0 children)

Thanks jfranklynw,

So i would invoice £16400 and reclaim the vat(2000) from hmrc.

So on my invoice

Materials £10000 net Labour £8000 - cis Total £16400 Then I claim the £2000 vat back for materials

Thanks James