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.

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6 votes
3 answers
34k views

Quotes for work by a tradesman in the UK: rules for VAT?

If I receive a quote for work from a tradesman, and this quote is supplied as a document (PDF) which does not mention VAT as being either includes or excluded, can the tradesman later say that it didn'...
oxbow_lakes's user avatar
4 votes
1 answer
1k 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%...
YodasMyDad's user avatar
3 votes
0 answers
396 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,...
Franck Dernoncourt's user avatar
1 vote
1 answer
97 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 ...
Jamie Hutber's user avatar
1 vote
2 answers
9k 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 ...
Franck Dernoncourt's user avatar