Thread: Question on IVA
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Old 26th January 2011, 03:46 PM
trendytots trendytots is offline
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Quote:
Originally Posted by ShinyAndy View Post
So you haven't been charged VAT on a purchase from the UK (assume the invoice shows no VAT) but you are still trying to claim the VAT back or your accountant is adding VAT back on? Where is he getting the 22% from as well?
This is where I am totally confused. I have spoken to other expats and they say that you have to pay an additional 4% on EU purchases, which in my mind is a penalty for purchasing outside of Spain. i.e Pay over at 22% and reclaim at 18%. I could learn to live with the 4% but if I have to pay 22% I would have to increase all of my prices.
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