Ouput reverse charge while VATable and nonVatable sales – full or proportion?

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June 7, 2016 at 9:53 pm #320629
agataz
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Hello,
If company is buying some e.g. services from other EU member which cannot be simply assigned to vatable and nonvatable sales it is clearly deducting input VAT with previous year proportion, but what about output? Is it full rate or proportion as well?
June 8, 2016 at 11:24 am #320788
Tax Tutor
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The reverse charge system requires you to account for the full amount of output tax but then only recover that amount of input tax attributable to your taxable supplies
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