How To Configure UK Vat Reverse Charge (Doc ID 785486.1)

Last updated on AUGUST 24, 2016

Applies to:

Oracle E-Business Tax - Version 12.0.5 to 12.1 [Release 12.0 to 12.1]
Oracle Receivables - Version 12.0.5 to 12.1 [Release 12.0 to 12.1]
Information in this document applies to any platform.

Goal

How can Release 12 E*Business Tax be configured to comply with the UK VAT legislation on Reverse charge for purchases and sales of mobile phones and computer chips ?

HMRC Reference: VAT Info Sheet 08/07

Solution

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