How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask bigduckontax Your Own Question
bigduckontax
bigduckontax, Accountant
Category: Tax
Satisfied Customers: 4195
Experience:  FCCA FCMA CGMA ACIS
75394688
Type Your Tax Question Here...
bigduckontax is online now

I run a pink Floyd tribute band as a vat registered sole

Resolved Question:

Hi. I run a pink Floyd tribute band as a vat registered sole trader. I have the opportunity to do some shows in the baltics. The promoter is in Dublin. I would invoice my fee to the promoter in Dublin. He tells me as I'm invoicing a company in ROI for work performed outside the UK I don't need to charge. VAT. Is that right? I don't want to fall foul of the rules! Thanks, David
Submitted: 1 year ago.
Category: Tax
Expert:  bigduckontax replied 1 year ago.

Hello, I am Keith, one of the experts on Just Answer, and happy to help you with your question.

Customer: replied 1 year ago.
Hi Keith,I run a pink Floyd tribute band as a vat registered sole trader. I have the opportunity to do some shows in the baltics. The promoter is in Dublin. I would invoice my fee to the promoter in Dublin. He tells me as I'm invoicing a company in ROI for work performed outside the UK I don't need tocharge. VAT. Is that right? I don't want to fall foul of the rules!Thanks, David
Expert:  bigduckontax replied 1 year ago.

Hello Daviud, I am Keith, one of the experts on Just Answer, and happy to be able to help you with your question.

This would constitute a standard rated supply, ie VAT charged at standard rate, 20%. However, if you have your Dublin promoter's VAT or equivalent number then the reverse charge applies. With the reverse charge you still charge output VAT, which the other side reclaims a an input in the normal manner, but at the same time you place a similar amount of VAT as an input in your books thus effectively making it zero rated as far as you are concerned. Don't blame me, I didn't invent this system! You will then have to submit periodic EU sales lists to record reverse charge transactions for statistical purposes.

I do hope that you have found my reply of assistance.

Customer: replied 1 year ago.
OK thanks Keith, that makes sense.. Sort of! Appreciate your help. David
Expert:  bigduckontax replied 1 year ago.

Yes, reverse charge is a bit of a pest!

Please be so kind as to rate me before you leave the Just Answer site.

bigduckontax and other Tax Specialists are ready to help you
Expert:  bigduckontax replied 1 year ago.

Thank you for your support, David.