Box 7 on the VAT Return

[Ola90]

The company makes only exempt supply, but had to register for VAT as value of reverse charge supplies breached the VAT registration threshold.
When should I include in the Box 7? Only the net value of reverse charge transactions or the total value of all purchases even we are not entitled to claim VAT back on purchases or the box 7 should be zero?

[les35]

Box 7 includes exempt and taxable supplies.
Check out this discussion: http://www.ukbusinessforums.co.uk/threa ... st-2702772

[Ola90]

Many thanks.

[Lavender2306]

The company makes only exempt supply, but had to register for VAT as value of reverse charge supplies breached the VAT registration threshold.
When should I include in the Box 7? Only the net value of reverse charge transactions or the total value of all purchases even we are not entitled to claim VAT back on purchases or the box 7 should be zero?

If you are making only exempt supplies and registered for VAT only because of reverse charge supplies, your box 7 should be zero.
Ordinarily, box 7 shows total amount of purchases made, net of VAT . But because as an exempt business you can't claim VAT on the reverse charge supply then I would suggest you don't include the value of the reverse charge purchase in box 7.
Thus in your case you will fill in box 1, box 5 and box 6.