VAT related queries.
Irish VAT registered business invoices a UK VAT registered business for Services (no goods in transaction). No VAT is added to the invoice but both companies account for it separately at end of year? Is this correct?
If the UK company is then invoicing someone for the same service plus their margin, and this company happens to be in Ireland, does the same process regarding VAT on the invoice take place? Or is it separate and invoiced at the standard UK VAT rate?