I work a full time job in the UK as a software developer. I've been asked by a friend who has a publishing house in Greece to do a translation for her. It'll be a one off and cost around £1000 (money I will earn without a vat consideration).
Do I need to charge for vat on top of that and then declare it to HMRC?
I read on the gov.uk website that there is a threshold of £1000 for which I don't need to fill out a self assessment tax return. Also, another threshold for £12,500 under which I don't have to register for VAT.
I'm not sure I'm understanding correctly the exemptions for my case as an individual in the UK providing a translation service for a business in EU.
Translation services websites seem to suggest that the vat charge should happen in the country where the consumer is based. Is it a case then where I simply mention the service is liable to a reverse vat or do I simply create an invoice that doesn't include any mention to VAT?