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Posted Fri, 03 Jan 2025 15:12:14 GMT by Jane Bartlett
I need to send an invoice to our Dutch parent company for interest charges we have incurred on a bank facility due to the parent company borrowing funds through our facility (ie we borrowed and loaned the money upwards). Do I charge VAT on the interest recharged and as the parent company is overseas do I reverse charge the VAT as a service ?
Posted Mon, 06 Jan 2025 14:04:26 GMT by Jay Cooke
Place of supply of services is where the customer is, customer is not in the UK, therefore outside the scope of VAT, so treat the invoice as reverse charge.

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