A Must Know About Vat in UK


Posted May 6, 2017 by andrespena489

Value added tax also known as VAT is simple tax collected on sales. This tax applies on goods, as well as services.

 
Value added tax also known as VAT is simple tax collected on sales. This tax applies on goods, as well as services. The goods supplied in UK and the ones imported from countries outside the European Union are included in the value added tax. If you in overseas like US and others and want to sell your product directly to non-VAT registered United Kingdom consumers or even businesses, you will be required to register for vat in uk. The registration threshold for vat in the UK is £83,000 but that does not really apply for the businesses overseas without permanent establishment in the United Kingdom.
The Threshold for Vat in Europe for Distance Selling Mechanism
If you are planning to sell on Amazon or any other internet based selling mechanisms to a UK company or consumer then you should be ready to return your value added tax. But the interesting thing is that the threshold for the business on distance selling mechanism is smaller than the business established in Europe. The threshold is £70,000. You can easily face challenges when you want to obtain registration number for vat in Europe without the help of the professional accountants.
Things You Need To Know about EU Vat Registration Number
You can easily obtain your eu vat registration number when you contact the accountants working on this site. They are good in what they do and will always ensure that you are provided with best quality service at any point in time. With their many years of experience, they will make sure that they handle the possible challenges involved in registration of value added tax number. That is why they are the professional accountants you need.
Some Businesses Overseas That Require Vat United Kingdom
While businesses overseas that is supplying to UK consumers and businesses are required to return added tax it is important for you to find out if yours is among. The business in countries like China, Canada, USA and others selling products to UK based consumers are expected to obtain their vat united kingdom registration number. Some of the distance online mechanisms include Amazon, Ebay, Wayfair, Groupon and others.
The Easier Way to Get Vat Registration Number in UK
You are not to even waste your precious time or pass through stress for you to obtain registration number for vat when you work with the accountants here. The accountants are ready to handle all the services for you ensuring that you do not overpay dung vat returns and others.

Please Visit http://midforduk.com/ for more information.

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Issued By Midford Accountants
Website http://midforduk.com/
Country United Kingdom
Categories Business
Tags vat in europe , vat in uk
Last Updated May 6, 2017