VAT on EU Trade Overview
Imports into EU State from EU VAT is an EU wide tax. For the most part, the VAT rules encountered in the UK correspond to the VAT rules in the rest of the EU. Therefore the VAT rules which apply to importing and ...
Category Archives: Value Added Tax
VAT on Goods (Post Transition /Brexit)
VAT and Brexit In the context of a no deal scenario in which the UK became a third country for VAT purposes the following provisions would apply. There is a distinct possibility that even in a no deal scenario, ...
VAT on Services (Post-Transition/ Brexit)
VAT on Services The position in respect of VAT on services is complicated and depends on the particular service involved. The position is dealt with in detail in other sections of this website. The UK proposes to ...
VAT and Excise (New UK Code)
Value Added Tax Changes are made to value-added tax legislation conditional on the outcome of Brexit negotiations. The following provisions are accordingly subject to the ultimate outcome and the position that ...
VAT on EU Trade
Imports into Ireland from EU VAT is an EU wide tax. For the most part, the VAT rules encountered in Ireland correspond to the VAT rules in the rest of the EU. Therefore the VAT rules which apply to importing and ...
VAT on Non-EU Trade
Export outside the EU The following deals with the purchase and sale of goods and the provision of services to and from outside EU member states. The rules are different for supplies within the EU. The EU has a ...
Brexit and VAT on International Trade
VAT and Borders A critical factor in the creation of a single market without borders in the European Union was the introduction of a new system of VAT on 1st January 1993. Prior to that, VAT was payable at the point ...
EC Sales List for 2020 UK Post-Deal Guidance
Guidance How to report EU sales made on or before 31 December 2020 for VAT Find out how to report supplies of goods and services to VAT-registered customers in an EU country using an EC Sales List. Published 1 July ...
VAT NI 2021 Guidance
Policy paper VAT: Value Added Tax in Northern Ireland Published 21 December 2020 Contents Who is likely to be affected General description of the measure Policy objective Background to the measure Detailed proposal ...
Business and Charging VAT
Businesses and charging VAT Contents How VAT works VAT rates What you must do when charging VAT VAT-inclusive and exclusive prices When not to charge VAT Charging VAT to charities Returned goods Discounts and free ...
VAT Record Keeping
VAT record keeping Contents Overview VAT invoices VAT records VAT account Time of supply or tax point Overview VAT-registered businesses must: keep records of sales and purchases keep a separate summary of VAT called ...
VAT Returns
VAT Returns Contents Overview Fill in your return How to submit your return Deadlines Surcharges and penalties Assessments Interest on underpaid or overpaid VAT Overview You usually submit a VAT Return to HM Revenue ...
VAT Mini One Stop Shop
Register for the VAT Mini One Stop Shop scheme How to register and use the VAT Mini One Stop Shop to report and pay VAT due on sales of digital services to consumers in the EU. Published 1 October 2014 Last updated ...
VAT on Digital EU Sales
VAT on sales of digital services in the EU (VAT MOSS) This collection brings together guidance and forms about VAT on the supply of digital services and the VAT Mini One Stop Shop (VAT MOSS). Published 1 February ...
Exporting
Exporting and doing business abroad Contents Introduction Move goods within the EU Export outside the EU Export licences and special rules Introduction You can post goods abroad if your business gets small orders ...
Exports and VAT
Exports, dispatches, supplying goods abroad and charging VAT Find out if VAT is due when you sell, supply or transfer goods out of the UK, and about zero-rated goods, proof you must keep and which forms to fill in. ...
EU Sales List
EU country codes, VAT numbers and enquiry letters for EC Sales Lists Use these EU country codes, VAT numbers and foreign language letters to complete an EC Sales List (ESL). Published 1 July 2014 From: HM Revenue ...
Starting to Import
Starting to import Contents Overview Moving goods from EU countries Importing from non-EU countries VAT on services Importing from non-EU countries If the UK leaves the EU without a deal, you’ll need to follow these ...
Paying VAT on Imports
Paying VAT on imports, acquisitions and purchases from abroad If you import, acquire or buy goods or services from abroad you may have to pay VAT or account for it under the reverse charge procedure. Published 1 July ...
Valuations
How to value your imports for customs duty and trade statistics Requirements of the import valuation system and methods for determining the value of goods produced outside the EU, for customs and VAT calculations. ...
Simplified Import VAT Accounting
Reduce financial guarantees using Simplified Import VAT Accounting Use Simplified Import VAT Accounting to lower the financial guarantees you give for the Duty Deferment Scheme. Published 1 July 2014 Last updated 25 ...
Relief of Imports Re-Exported to EU
Claim relief on goods imported then supplied to another EU country Find out when you can claim Onward Supply Relief and Inward Processing Relief. Published 1 July 2014 Last updated 3 May 2019 — see all updates From: ...
VAT Refunds in other EU States
Refunds of VAT for UK businesses buying from other EU countries How to reclaim VAT you’ve paid in another EU country if you’re registered for VAT in the UK. Published 1 July 2014 From: HM Revenue & Customs ...
Importing Vehicles
Importing vehicles into the UK Contents How to import a vehicle Telling HMRC Paying VAT and duty Getting vehicle approval Registering an imported vehicle Temporary imports How to import a vehicle You must complete ...
Overseas business selling goods in the UK
Guidance Overseas business selling goods in the UK If you’re an EU business involved in distance selling to customers in the UK, find out how the VAT rules affect your sales. Published 1 July 2014 Last updated ...
Online Marketplaces
Guidance Businesses selling goods in the UK using online marketplaces Find out your VAT obligations if you use an online marketplace to sell goods in the UK. Published 16 September 2016 Last updated 31 July 2018 ...
VAT Place of Charge
Work out your place of supply of services for VAT rules Find out which country’s VAT rules to use when supplying services abroad. Published 1 July 2014 From: HM Revenue & Customs Contents What ‘place of supply’ ...
VAT Refund Scheme
Guidance EU businesses buying in the UK and the VAT refund scheme Reclaim VAT you’ve paid on goods and services bought in the UK if you’re an EU VAT-registered business using the VAT refund scheme. Published 1 ...
VAT Refunds
Guidance Refunds of VAT for non-EU businesses visiting the UK Reclaim VAT you’ve paid on goods and services bought in the UK to use in your business if you’re registered as a business in a non-EU country. ...
VAT and Foreign Currency
Guidance Transactions in foreign currencies and VAT How to create invoices for transactions in foreign currencies and convert them into pound sterling when you account for VAT. Published 1 July 2014 Last updated 18 ...