Posted by Tax Innovations on 30 Mar 2012
VAT on Sales of Goods to Non-VAT Registered Customers in the EU
UK VAT will be charged on sales of goods to non-VAT registered customers in the EU. Sales made to customers outside the EU will be zero-rated as an export.
However, businesses must carefully monitor the level of sales made to non-VAT registered customers in each EU country to avoid a problem with the distance selling rules. Each country sets a distance selling threshold of either €35,000 or €100,000 above which a business has to register for VAT in that country. Once a UK trader’s sales in a particular country exceed that limit, then the trader has to register for VAT in that country.
If you need advice on the above points please contact us on 01962 856 990 or email firstname.lastname@example.org.
- Property Partnership Incorporation and SDLT
- Tax Relief For Residential Mortgages
- Non-Resident Landlords – UK Tax Update
- Top 10 Expat Tax Tips for Individuals Moving to the UK
- UK Property Sales: Capital Gains Tax for Non-Residents