We’re rewarding the question askers & reputations are being recalculated! Read more.

Questions tagged [vat]

For questions related to Value Added Taxes (VAT). For specific questions, consider adding a country- or region-specific tag, e.g. European Union.

Filter by
Sorted by
Tagged with
2
votes
2answers
84 views

If I travel to Finland to pick up a purchase and pay the outstanding price in the EU do I have to pay VAT?

I'm thinking about getting a musical instrument made by a maker in Finland. At the moment without VAT it's cheaper than if I have it built in Australia, where I am from. I currently need to pay €700 ...
1
vote
1answer
144 views

Do payments into my bank account in the day to day business of managing my friend's/client's property count as MY turnover? (England)

I helped a friend manage her property on Airbnb. The Airbnb money went into my account, the costs came out of my account and I transferred to her 50% of the profit (keeping the other 50% for myself)....
4
votes
2answers
58 views

How does EU VAT work for physical service provided in non-home member state?

Assume I'm a VAT registered sole trader in Austria working as a handyman. As a one off, I go to Germany and paint a wall for a non-business, that is consumer. Which VAT rate is applicable and how do I ...
2
votes
1answer
99 views

VAT on building work

I have a quote for an extension which is £95 000 +VAT. I have been told by a friend who is a project manager/builder, that I could avoid paying this VAT if I set up a joint account with the builder to ...
0
votes
1answer
88 views

When moving EU -> EU, where to pay VAT on moving services?

I'm relocating from one EU country to another. The origin country has 18% VAT, the destination has 23% VAT. I purchase the service in the origin country; the mover is trying to charge me the ...
1
vote
2answers
99 views

Accounting for VAT (and expenditure) on credit purchase

I'm VAT-registered. Suppose I buy something related to the business on credit (3% for 24 months) for £3000 (£2,500 ex-VAT plus £500 VAT). (These amounts are totally made up.) The payments are £128.94/...
1
vote
1answer
170 views

What's the point of a 20% (alias 16.5%) VAT flat rate in UK?

The normal VAT in UK is already 20%. Note that 16.5% VAT flat rate for £100 is not £16.5 but £20.0. HMRC does not calculate like any other country I know. The 16.5% is calculated on the invoiced ...
2
votes
0answers
37 views

As a UK LTD Company should my allowable expense claims be inclusive of VAT

I'm starting a LTD company in the UK and have a question surrounding the way that allowable expenses are claimed. I understand that this question has probably been asked numerous times but no matter ...
0
votes
2answers
142 views

Would I need to pay VAT on this income?

Suppose I am self-employed i.e. autónomo in Spain. I work for an Estonian company and I send them bills. They will pay me the bills back. From the amount the pay me, do I need to declare and ...
0
votes
1answer
68 views

On what amount am I supposed to pay VAT for sales?

My question comes after reading this article about Amazon paying just £15 million in tax for European revenues of over £9 billion. Here, I am confused about when businesses pay VAT (VALUE ADDED TAX). ...
0
votes
1answer
67 views

Paying VAT in foreign counties

I'm planning to sell (my own) software (yearly license actually) online, worldwide, from my Europe based company, business to business only. I'm really not into any financial topics but reading about ...
1
vote
1answer
80 views

Why isn't the `flat rate scheme` favourable for Limited Companies anymore?

I have been registered as flat rate scheme since 2012. At which point I kept 12.5% (working in IT) of my vat invoices. However in 2017 they changed the laws on the % I believe. My accountant said I ...
2
votes
1answer
112 views

Do I need to pay UK VAT for an online service paid for with a UK credit card when I'm resident elsewhere?

I want to pay for a VPN service with my UK credit card but I've recently moved to Japan. On the form I can select Japan or the UK but Japan won't charge a sales tax so it's obviously a better deal ...
1
vote
1answer
91 views

Do I need to pay tax if I use my own bank account for collected money for a booked hotel in the UK?

We are organizing an event in the UK and we need to book a hotel for about 200 attendees. The booking fee of about 4,000 pounds is to be shared by all the people. Since we have no company bank ...
4
votes
1answer
764 views

How to deal with discount when invoice has multiple line items and multiple tax rates?

I am stumped at how to work out the tax for an invoice, when discounts are applied to invoices that have multiple line items with multiple tax rates? See my example invoice below: SomeItemOne(Tax: 20%...
1
vote
2answers
106 views

Calculate order discount correctly when Tax is set per unit?

I'm sure this has been asked before, but I could not find an answer when I searched. Lets say I have an invoice with 3 line items shown below (All excluding tax) SomeItemOne - Cost:£2.45 | Qty:1 ...
2
votes
0answers
103 views

What happens when I make purchases on Amazon as a company but I don't register the VAT invoice?

I have a company in Europe. If I use my Amazon business account to buy work related stuff, I don't pay the VAT. What would happen if I used my personal credit card rather than the company card to ...
7
votes
1answer
133 views

If I'm voluntarily VAT registered, but under the threshold, do I have to charge vat?

Suppose I'm voluntarily VAT registered in the UK. But my turnover is less than £85k. Do I have to charge my customers VAT on my products and services? Put another way, in such circumstances am I only ...
2
votes
0answers
100 views

Buying goods from the US in a business based in France: the business refuses to remove the VAT. Can I get the VAT reimbursed?

I live in California, USA. I plan to purchase ~500 EUR worth of goods by phone from a French business that will send me the goods by mail. I am aware that the business may choose not to charge me VAT,...
1
vote
2answers
1k views

Do I have to pay VAT when buying goods from the US in a business based in France?

I live in California, USA. I plan to purchase ~500 EUR worth of goods by phone from a French business that will send me the goods by mail. Do I have to pay the French VAT, California sales taxes, or ...
2
votes
1answer
52 views

Consultancy tax & VAT

I am an employee in the UK on a mid-income contract, and my income gets taxed through my employer's HR, without action needed from me. My contract allows me to do some bits of private consultancy, for ...
1
vote
0answers
39 views

Tax/VAT when buying from USA in Argentina?

I am going to Argentina for a month, and are therefore wondering if I can buy things (wooden puzzles) from the US and receive them in Argentina without having to pay tax/VAT? Or is there perhaps a ...
8
votes
2answers
583 views

Should I pay a company who failed to collect VAT from me over 6 months ago?

Nearly 7 months ago I purchased some software for $12.99 from an company in the USA. I didn't check at the time whether that price included VAT as in the EU: You have to be clearly informed about ...
1
vote
0answers
15 views

VAT on Services Supplied Pre-Registration

A (natural) person supplies a service in the first three months of a year. He issues three invoices dated 3 February, 3 March and 3 April and receives payment on 10 February, 10 March and 10 April ...
2
votes
0answers
98 views

Is it acceptable to always have the same end price regardless of applicable VAT?

I want to offer a VAT-applicable item in a German e-shop and I want its end price for customers to always be the same, regardless of applicable VAT. So if I'm e.g. selling from Germany and shipping ...
1
vote
1answer
58 views

What do I need as documentation in order to pay taxes in the Netherlands?

I am starting a web-shop for the first time ever. I don't really have that much knowledge for this type of stuff because I have never studied anything business related so I have a few problems. I need ...
0
votes
2answers
115 views

Why do VAT-registered businesses in the EU charge VAT to each other?

As far as I understand, if a VAT-registered company A sells goods to a VAT-registered company B within the same country, it still has to charge VAT to company B. Company B can then request a refund ...
1
vote
0answers
248 views

Import/VAT implications of using Google Cloud services in EU

I am considering using Google Cloud services as a competitor in a Kaggle competition. To encourage new use - and likely due to recent acquisition of Kaggle by Google - the cloud service is offering an ...
2
votes
1answer
75 views

Tax for Basket with Coupon containing two different VAT rates

Imagine an online basket with 2 items in it, each with different VAT rates. A fixed amount coupon is then applied to the basket. How should the net/tax for this basket be accounted for? Example: ╔═══...
0
votes
1answer
651 views

Buying a Watch at an Airport

I have been saving for years to buy my dream watch and I can now afford one. There is a shop at Gatwick Airport I can order the watch from and I get 16.6% off the retail/high-street price. I have been ...
7
votes
1answer
472 views

Stop paying VAT on digital sales when earnings are under £81k

I am a small time indie developer selling Android Apps. I do this as a hobby in my spare time. Currently I am not VAT registered as the earnings are well below the £81k threshold. I usually "run at a ...
1
vote
2answers
182 views

Do developers in India pay income or sales tax from income from the sale of apps?

I'm a developer based in India who wants to sell apps, either on one of Apple's app stores or directly. Do I need to pay VAT on the proceeds, or income tax, or both? Do I need a TIN? Where can I ...
3
votes
1answer
249 views

Plumber charging VAT on parking

I have a plumber do some work for me recently, and in the invoice he included the parking cost. This was for on-street parking, which I know has no VAT applied to it as it is a direct payment to the ...
2
votes
1answer
3k views

Is VAT applied when a tradesman charges for materials?

I have been employing a plumber to do some work in my bathroom, and recently received the invoice. This consists of a charge for the labour, plus a list of materials used for the job, which he is also ...
0
votes
1answer
47 views

VAT in UK, case of cultural industry and overseas invoices [closed]

What are (in short) legal obligations to declare and pay VAT for companies in UK (monthly, quarterly paiements/declarations...)? Is the cultural industry a special case (selling concerts, charging ...
0
votes
1answer
509 views

RRP/list price/retail price and cars?

Looking at an online car brochure (PDF version of printed material) for the Vauxhall Astra, it listed RRP: Link As far as I know, am I correct with these: List price is basic price Recommended ...
1
vote
1answer
109 views

Is there such thing as “no VAT” or is it just 0%? [closed]

Let's say I'm from the EU, and I sell something to somebody in the USA. Did the sale include "no VAT" or is the VAT 0%? Side note: I'm from an IT background and I'm trying to figure out if a ...
1
vote
0answers
171 views

Can I reclaim VAT on U.S services such as Domain hosting?

I have a bunch of regular payments paying for hosting and other digital services coming from the U.S. There is no TAX stated on the invoices I receive and I'd assumed unless stated, then I cannot ...
5
votes
1answer
927 views

How to reclaim the value-added tax when buying something on eBay?

I want to buy a digital graphics pad/touchscreen on eBay for technical drawings. Because the article's seller is based in Germany, and I live in Switzerland, and because the article is worth more ...
1
vote
3answers
326 views

Can I register for VAT to claim back VAT without selling VAT applicable goods? (UK)

I do not sell any goods that are chargeable for VAT. I am not currently registered for VAT. I know that you cannot claim VAT refunds without being registered for VAT, and charging it on applicable ...
3
votes
1answer
411 views

Ordering From UK to Base Overseas - VAT exempt?

Good afternoon, I'm currently serving the RAF Overseas in Cyprus and am looking at ordering a new laptop from PC Specialist (a UK company). My question is simple, am I eligible to buy this item ...
1
vote
4answers
3k views

I am not VAT registered. Do I need to buy from my supplier with excl VAT prices or incl VAT?

I have a small e-shop and my UK registered company is not VAT registered. I am buying sprays from supplier (UK company also) but he has given me quotes without VAT, but I think I need to pay him ...
1
vote
2answers
84 views

Do I need to earn a specific amount before I can reclaim VAT as a company in the UK?

I just wondered - if I have a business in the UK is there any restrictions on claiming VAT back on items bought for the business - do I need to earn over a certain threshold as I don't earn that much ...
1
vote
2answers
173 views

Could somebody explain Wikipedia's VAT example calculation to me?

Wikipedia example here. I could not understand why in this example ("With a value-added tax" subsection) the government charges 0.10 = $1 × 10%, but not 0.11 = $1.1 × 10% The manufacturer spends ($...
1
vote
1answer
164 views

Is it usual for a tradesperson not to charge VAT?

A trader we are using has suggested that we don't need to pay VAT as he doesn't earn enough to pay it. Is this normal? All of the other quotes we received said we would need to add VAT on top of the ...
4
votes
1answer
118 views

Is there a lower threshold for new EU VAT changes coming 1 Jan 2015 related to the sale of digital goods?

I've heard that sales of digital goods into the EU will need to have VAT charged at the customers country VAT rate from 1 Jan 2015. The seller will then need to either file a VAT return in each EU ...
-2
votes
1answer
1k views

VAT & Tax implications of selling software

I'm having a major problem trying to find out how tax and VAT works when it comes to selling software. I believe new legislation has come in regarding how it all works. I am based in the UK and want ...
3
votes
1answer
396 views

US VAT refund, can it be claimed at a later date?

I was in NY recently,about 3 weeks ago and purchased a Macbook Pro from the Apple Store. I was unaware that I could claim a tax refund at the airport so didn't claim it as yet. I do have my receipt ...
1
vote
1answer
78 views

VAT listing on repair job

This is a question on consumer law and trading standards in the UK. I appreciate it may be a grey area. A few weeks ago I took a sail to be repaired in a local sail loft. I asked for the price and ...
-1
votes
1answer
164 views

Should I charge VAT on a customer who is VAT registered in a EU country? [closed]

I hope the title explains it all. I supply goods which are taxable in UK. If the EU customer is not taxable, should I zero rate it or is the transaction outside the scope of VAT ?