Practical Law UK Glossary 2-107-7163 (Approx. 3 pages)
Glossary
Reverse charge
A method of accounting for value added tax (VAT) that makes the recipient of a supply, rather than the supplier, the person liable to account for VAT to HM Revenue & Customs (HMRC). The reverse charge applies mainly to:
UK businesses receiving certain taxable supplies of services from overseas. For further information, see Practice note, Cross-border transactions and VAT: place of supply of services, refunds and EC sales lists: The reverse charge.