Boxes 1 & 5 are tax boxes – you write your figures in here
Box 2 is for VAT on purchases from other EC countries
Boxes 6 & 9 are always whole numbers- forget the pence
Box 6 is net sales – that includes all net sales
Box 7 is net purchases includes all net purchases but not business expenses such as wages and salaries, payments of taxes, etc.
Boxes 8 & 9 are only for the purchase or sales of goods to EC countries
The values in Boxes 8 & 9 are also included in Boxes 6 & 7
Box 8 will trigger the need for an EC Sales List
An EC Sales List is also required for Sale of Services
The Reverse Charge on International Services is included in Boxes 1,4,6 & 7
Intra EC acquisitions are included in Boxes 2 & 4
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