Bookkeeping / Bookkeeping Academy / Computers and Tech / RTD VAT Return of Trading Details / VAT / VAT 3 Return

0% Goods

Posted by

Transaction Type: Sales Invoice and Sales Credit Note

Example: Books

Required:

  • Suppliers Name and address
  • Suppliers (your business) VAT Registration Number
  • Customers Name and address
  • Description of goods and services
  • Default 0% VAT Rate to be used and that the 0% vat rate clearly identified on the Sales Invoice

Revenue Commissioners Tax Documents

VAT 3: (VAT Return)

Record the VAT amount of transactions only

No VAT, not required

RTD: (Return of Trading Details)

Record the NET amount of transactions only

Box D1

One comment

  1. Pingback: Sales Invoicing at 0% (Zero percent) – Bookkeepers Ireland

Comments are closed.