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VAT on Goods Exported from the UK

VAT on goods exported from the UK can be Zero rated if certain conditions are met.

  • VAT on goods exported from the UK – How does it work?
    • Zero rating of VAT on goods exported from the UK
    • Place of supply & VAT on goods exported from the UK
    • The ‘exporter’ for VAT on goods exported from the UK
    • Overseas person consideration for VAT on goods exported from the UK
    • Appointing someone to handle your export transactions for VAT on goods exported from the UK
    • Agent obligations for VAT on goods exported from the UK
    • Countries that are part of the UK for VAT purposes
    • Direct exports for VAT on goods exported from the UK
    • Indirect exports for VAT on goods exported from the UK
    • If you supply goods to an overseas person who is also established in the UK
    • The time of supply of exported goods to ascertain the status of VAT on goods exported from the UK
    • Exports where there is no taxable supply for VAT on goods exported from the UK
    • Transfer your business’ own goods
    • Goods accidentally lost, destroyed or stolen before export

Source: mcl.accountants

 

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