What should be included in EC sales list?
When the new VAT rules apply and you move call-off stocks to an EU country you must include the following on your EC Sales List: your intended customer’s 2 letter country code….Call-off stock
- changes in intended customer.
- returns of the stock that was moved in 2020.
- call-offs of the stock that was moved in 2020.
Do I need to submit EC sales list?
If you’re sending goods to the EU, you only have to report with an EC Sales List if the receiving businesses are VAT registered. All sales of services to other businesses in the EU however, whether the business is VAT registered or not, must be reported on an EC Sales List.
Do you charge VAT on EC sales?
If you sell, send or transfer goods out of the UK you do not normally need to charge VAT on them. You can zero rate most exports from: Great Britain to any destination outside the UK. Northern Ireland to a destination outside the UK and EU.
Which countries use VAT numbers?
|Country (including code)
|VAT number format
|U12345678 9 characters. The first character is always ‘U’.
|1234567890 10 characters. Prefix with zero ‘0’ if the customer provides a 9 digit VAT number.
|123456789, 1234567890 9 or 10 characters.
|12345678901 11 characters.
What is EC sales list used for?
EC Sales Lists are used when reporting the VAT on sales to the EU. The EC Sales List contains information on sales and transfers of goods and services to VAT registered companies in other EU countries, with EC standing for European Commission.
Will EC sales list continue after Brexit?
For the export of goods or the supply of services made to EU businesses on or after 1 January 2021, you will not need to submit an EC Sales List (ESL) . You will have until 21 January 2021 to submit ESLs for sales made before 1 January 2021.
Do I still need to submit EC sales list after Brexit?
Are all VAT numbers 9 digits?
A UK VAT number is nine (9) digits long, with two letters at the front indicating the country code of the registered business. For example, for Denmark, the first two digits of the VAT code are DK. All the countries in the EU with the two letter country codes are: AT – Austria – 9 characters always starting with a U.
Why have an EC sales List?
EC Sales Lists are used when reporting the VAT on sales to the EU. The EC Sales List contains information on sales and transfers of goods and services to VAT registered companies in other EU countries, with EC standing for European Commission. The EC Sales List (ESL) is therefore usually filed monthly or quarterly.