Accounting For Import VAT

EXPLANATORY MEMORANDUM TO THE VALUE ADDED TAX (ACCOUNTING PROCEDURES FOR IMPORT VAT FOR VAT REGISTERED PERSONS AND AMENDMENT) (EU EXIT) REGULATIONS 1. Introduction 1.1 This explanatory memorandum has been prepared by Her Majesty’s Revenue and Customs (“HMRC”) on behalf of Her Majesty’s Treasury (“the Treasury”) and is laid before the House of Commons by Command of Her […]

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Goods Exported from UK VAT Guidance

Goods exported from the UK (VAT Notice 703) How and when you can apply zero-rated VAT to goods exported outside the European Community. Published 24 March 2014 From: HM Revenue & Customs Contents Detail 1. Overview 2. The basics 3. Conditions and time limits for zero rating 4. Conditions for zero rating in specific circumstances […]

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VAT Mini One Stop Shop

Overview The Value-Added Tax (VAT) mini one-stop-shop (MOSS) scheme is a simplification measure. MOSS reduces the administrative burden and cost on business for the supply of telecommunications, broadcasting and electronic (TBE) services to non-taxable persons. If you do not avail of the VAT MOSS scheme for such services, you will be required to register, charge and […]

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Non-Established Traders Building and Installation

Non-established builders and subcontractors The Value-Added Tax (VAT) treatment of non-established builders, subcontractors depends on whether they are subject to Relevant Contracts Tax (RCT) or not. Construction services not subject to RCT Non-established traders engaged in construction services in the State that are not subject to RCT are required to register and account for Irish VAT. […]

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Non-Established Traders (Misc.)

Non-established traders supplying gas through the natural gas system or electricity A non-established trader is not required to register for Value-Added Tax (VAT), where he or she supply gas through the natural gas system or electricity to the following customers in the State: an accountable person a Department of State or a local authority a body established […]

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VAT on Imports

Overview For Value-Added Tax (VAT) purposes, imports are goods arriving into the European Union (EU) VAT area. This section will explain: when VAT is payable and not payable on importation clearing taxable goods through Customs Customs-free airport and VAT. Next: When is VAT payable on importation? When is VAT payable on importation? Value-Added Tax (VAT) […]

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Exports and VAT [UK]

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. Published 1 July 2014 From: HM Revenue & Customs Contents Overview Sales to someone who is […]

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EU Sales List [UK]

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 & Customs Overview These details will help you to complete an EC Sales List. They include: EU country […]

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Paying VAT on Imports [UK]

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 2014 Last updated 29 April 2016 — see all updates From: HM Revenue & Customs Contents Introduction Goods […]

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Relief of Imports Re-Exported to EU [UK]

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: HM Revenue & Customs Contents Overview OSR External community transit procedure Conditions for claiming OSR How to claim […]

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Overseas business selling goods in the UK [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 31 July 2018 — see all updates From: HM Revenue & Customs Contents Overview Threshold for distance selling Sales […]

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Accounting for Import VAT

Accounting for import VAT if the UK leaves the EU without a deal If you’re a VAT-registered business find out how to account for import VAT on all goods brought into the UK if the UK leaves the EU with no deal. Published 6 March 2019 From: HM Revenue & Customs Contents When to account […]

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