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Could reverse charge cause a credit balance on the VAT Return for materials. Invoices from our suppliers will charge VAT but this will then not be passed on with the sales invoice to the main contractor
We are a subcontractor and as part of the reverse charge we will have no output vat. We will have input vat, so how will this work with our VAT Return as we won't have any output VAT to offset our input VAT against?
Materials / Goods
Application for payment
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