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Brexit - Beware of VAT 08:07 - Jan 13 with 831 viewsBlueRaider

As we adjust to the new relationship with the EU, it is becoming apparent that one of the big dangers is VAT

Businesses - exporting : If you are exporting to the EU, and you ship on DDP terms, you will be liable for the import VAT of the EU country it goes into. If you don't have a VAT registration in that country it will be very difficult to get the money back. Try to renegotiate your terms with your customers.

Businesses - importing : You will get charged UK VAT on importing from the EU. Expect EU suppliers who ship to you on DDP terms to ask for their terms to change as they have the opposite problem. As long as you are UK VAT registered you will be able to reclaim the VAT incurred on import.

Consumers : If we bought something from an EU country before Brexit, we would have been charged the VAT of that EU country. This should not now happen, so if you do get charged VAT by an EU company you should query it. However, expect to have to pay UK VAT on the import.

I hope this helps avoid some pain !

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Brexit - Beware of VAT on 08:33 - Jan 13 with 756 viewsfactual_blue

And what about ham sandwiches?

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Brexit - Beware of VAT on 08:49 - Jan 13 with 706 viewsKeno

Its worth paying the extra VAT to Get behind your Border?

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Brexit - Beware of VAT on 10:25 - Jan 13 with 580 viewsBangor31

Brexit - Beware of VAT on 08:49 - Jan 13 by Keno

Its worth paying the extra VAT to Get behind your Border?


we have one of the lowest levels / on a par of VAT - Germany are 19% and Luxembourg is slightly less from memory.
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Brexit - Beware of VAT on 10:28 - Jan 13 with 576 viewsborge

Does this include services or only products?
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Brexit - Beware of VAT on 10:34 - Jan 13 with 555 viewsKeno

Brexit - Beware of VAT on 10:25 - Jan 13 by Bangor31

we have one of the lowest levels / on a par of VAT - Germany are 19% and Luxembourg is slightly less from memory.


Typical UK we never top the tables that matter

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Brexit - Beware of VAT on 10:36 - Jan 13 with 550 viewsnoggin

I'm not actually sure EU based companies are obliged to remove VAT when selling to non EU based consumers. Of course, most will for larger amounts but for small amounts, it might not be worth it for them. That being the case, consumers would be liable for double VAT.

I remember ordering some motorcycle parts from a UK based company, several years ago. They charged me the VAT and when I queried it (Norway not being in the EU) they sent me evidence of them not being obliged to do so. Of course, I cancelled the order and never used that company again.
[Post edited 13 Jan 10:36]

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Brexit - Beware of VAT on 10:37 - Jan 13 with 539 viewsnoggin

Brexit - Beware of VAT on 10:25 - Jan 13 by Bangor31

we have one of the lowest levels / on a par of VAT - Germany are 19% and Luxembourg is slightly less from memory.


You will also be charged by the shipping company for their roll in collecting VAT.

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Brexit - Beware of VAT on 10:38 - Jan 13 with 536 viewsjeera

Brexit - Beware of VAT on 10:37 - Jan 13 by noggin

You will also be charged by the shipping company for their roll in collecting VAT.


Hope they're not ham rolls or there could be bother!

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Brexit - Beware of VAT on 10:41 - Jan 13 with 532 viewsPinewoodblue

https://www.gov.uk/government/publications/changes-to-vat-treatment-of-overseas-


Clear as mud, unless you are in the business, I expect Lucan can explain it better.

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Brexit - Beware of VAT on 10:56 - Jan 13 with 502 viewsfactual_blue

Should we get rid of VAT and bring in a Proper British Tax? Global Added Tax perhaps?

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Brexit - Beware of VAT on 11:37 - Jan 13 with 475 viewstrncbluearmy

Brexit - Beware of VAT on 10:34 - Jan 13 by Keno

Typical UK we never top the tables that matter


https://www.politico.eu/article/coronavirus-vaccination-europe-by-the-numbers/


oh yes we do, of course this has absolutely nothing to do with the UK leaving an organisation that couldn't organise a pizz up in a brewery, does it?
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Brexit - Beware of VAT on 11:41 - Jan 13 with 461 viewsclive_baker

VAT isn't my area of expertise, but worth noting there are further changes from 1st July, that'll take place across EU and UK I believe.

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Brexit - Beware of VAT on 11:53 - Jan 13 with 441 viewsSwansea_Blue

Brexit - Beware of VAT on 11:37 - Jan 13 by trncbluearmy

https://www.politico.eu/article/coronavirus-vaccination-europe-by-the-numbers/


oh yes we do, of course this has absolutely nothing to do with the UK leaving an organisation that couldn't organise a pizz up in a brewery, does it?


It does seem at last something is going better than usual. Credit where it's due.
[Post edited 13 Jan 11:54]

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Brexit - Beware of VAT on 12:00 - Jan 13 with 426 viewsjeera

Brexit - Beware of VAT on 11:53 - Jan 13 by Swansea_Blue

It does seem at last something is going better than usual. Credit where it's due.
[Post edited 13 Jan 11:54]


Nor does it in any way equate to this bizarre statement:

" an organisation that couldn't organise a pizz up in a brewery."

Clearly the poster has been living on Mars for the past year or more.

Well it looks like a duck, it sounds like a duck. Nope, dunno what it is.
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Brexit - Beware of VAT on 12:12 - Jan 13 with 414 viewsKeno

Brexit - Beware of VAT on 11:37 - Jan 13 by trncbluearmy

https://www.politico.eu/article/coronavirus-vaccination-europe-by-the-numbers/


oh yes we do, of course this has absolutely nothing to do with the UK leaving an organisation that couldn't organise a pizz up in a brewery, does it?


Fair enough but I'll leave someone else to put the number of deaths one up.

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Brexit - Beware of VAT on 13:29 - Jan 13 with 362 viewsEireannach_gorm

Brexit - Beware of VAT on 12:12 - Jan 13 by Keno

Fair enough but I'll leave someone else to put the number of deaths one up.


There you go.

https://ig.ft.com/coronavirus-chart/?areas=usa&areas=gbr&areas=eur&a
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Brexit - Beware of VAT on 14:33 - Jan 13 with 310 viewsPinewoodblue

Brexit - Beware of VAT on 13:29 - Jan 13 by Eireannach_gorm

There you go.

https://ig.ft.com/coronavirus-chart/?areas=usa&areas=gbr&areas=eur&a


On the other hand this shows us only 9th worst in europe but very poor compared with Ireland, Denmark or Germany who are all doing so much better.

https://www.worldometers.info/coronavirus/#countries

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Brexit - Beware of VAT on 15:00 - Jan 13 with 285 viewspennblue

So, my company sells SAAS digital services.

Currently we have to charge VAT to our UK customers, but we are up against Oz etc companies who do not, they use the reverse charge mechanism.

So can European companies do reverse charging for digital services? No-one seems to be able to tell us the answer.

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