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Thread Status: Not open for further replies. EC Sales List – the main report itself, including custom validation to ensure the necessary information is present and in the correct format to be submitted to HMRC Online Services. Definition of EC Sales List (ESL) An EC Sales List (ESL) is a report that has to be sent to HMRC by VAT-registered businesses who sell goods and services to other businesses in the wider EU. The EC Sales List needs to be sent to HMRC at the end of each calendar quarter (not your VAT quarter) when sales have been made to a EU country during that calendar quarter. Created Date 20091102130813Z How do I submit a VAT 101 (EC Sales list) through Qbs online? Like EC Sales Lists, it is separate from the EU VAT returns and reporting process, although based on the same data. An EC Sales list (VAT101 form) is required if you’re a VAT-registered business in the UK supplying goods and/or services to VAT-registered customers in another EU country. Shimmy Morris 3,373 views
How Does Tax Work in the UK | Amazon FBA Example | Also Understanding VAT and Dividends - Duration: 16:58. The taxpayer was required to submit quarterly ESLs to HMRC, however these were submitted late for the three periods 06/12, 09/12, and 12/12. In the UK, all companies that sell goods and services to VAT-registered customers, including customers in other European Union (EU) countries, must submit an electronic version of the European Community (EC) Sales List report in XML format through Her Majesty's Revenue and Customs (HMRC) website. What goes into Intrastat Declarations? About the EC Sales List report. Submitting EC sales list online Discussion in 'Accounts & Finance' started by UKSBD, Jan 2, 2010. If you need help producing your EC Sales List, give us a call on 01454 300 999, or drop an email to info@fd-works.co.uk If you’re a Xero online accounting user, you’ll find all the information you need for your submission in the EC Sales List report – this gives details of all your sales to the EU via the reverse charge mechanism. ECSL online service Please Note: For security reasons each session has a timeout limit of 15 minutes of inactivity per session.
VAT101(i) Value Added Tax EC Sales List Subject Use this form to report the value of goods and certain services supplied to VAT-registered businesses in other EU Member States. Intrastat filings require details of all dispatches (sales) of goods to … The due date to submit the EC Sales List is 14 days after the period end date if submitting a paper form, or 21 days after the period end date if submitting the form online. Isle of Man registered traders should contact 01624 648135 for more information. My new client has newly registered for VAT, The company will be making sales of services within the EU. Isle of Man registered traders should contact 01624 648135 for more information. If HM Revenue and Customs has given you approval to submit a simplified annual ESL because you have low levels of supplies of goods to other EC countries, you are not required to enter the actual value of supplies. Simplified annual EC Sales List (ESL) for supplies of goods . Unfortunately you can only submit the EC Sales List online if Clear Books is set as your agent, at the moment. HMRC have sent a VAT101 EC sales list, the information on line is confusing - HMRC will not accept a nil return and does not need a VAT101 if there have been no qualifying sales in the period, but yet talks about penalties if the form is submitted late. If you’ve not provided services to a client in the EU during a calendar quarter, you don’t need to complete a EC Sales List. The due date to submit the EC Sales List is 14 days after the period end date if submitting a paper form, or 21 days after the period end date if submitting the form online. However, if you do have us set as the agent then it is worth double-checking the following: VAT number Audit report – an accompanying report that lists all the transactions that make up the main report. Hello LBABooks, It is not possible to submit the VAT 101, only the VAT 100, you would need to run the report and manually enter the information on the HMRC form. Hey all, so for EC sales in QuickBooks Online, you would be assigning the correct EC S or EC G code (hopefully) to your invoices. Submit EC Sales List declaration – follow this link if you have made any supplies of goods or services to traders registered for VAT in other EU Member States.