Andrea Wrench said:
If we purchase goods from the EU for re-sale am I right in assuming that the purchase of the goods should be posted to VAT Code 8 "EC Standard Purchases" and the VAT only invoice we receive from the freight company should be posted to VAT Code 1 "Standard Purchases" ????
Or has this all changed now?
Any advice would be greatly appreciated.
You may find the following url helpful: