Quillan Posted December 1, 2013 Share Posted December 1, 2013 [quote user="PaulT"]Q did not believe that VAT was charged on exports outside of the EU so the company exporting to a non EU country, i.e. UK if it opted out, would not charge VAT prior to export.[/quote]You pay VAT if you are in the EU or not the difference is you can claim it back if you are in the EU and VAT is applied by another EU country when we are talking business to business. That is what the bit is for on the back of a VAT return although the majority of VAT returns are done online and have been for quite a few years now. Technically VAT within and without the EU is classed as two different things. The VAT on goods moving within the EU is called acquisition tax which is charged at the same rate as VAT. Most people call both VAT as it is simpler. Goods coming into the EU (UK for example) attract Custom Duty as well which can be between 0 and 85% depending on what it is. Tobacco and alcohol products also attract Excise Duty from non EU countries. Link to comment Share on other sites More sharing options...
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