1 / 11

VAT and International Trade Some case studies

VAT and International Trade Some case studies. Andrew Walls – Hiland Consulting Limited. Case study 1 - PLZ. Goods – Far East to German Co in Germany German Co sells to UK Co, delivers to UK Co’s customers in; UK Other EU DE Business and private . Issues to consider.

duke
Download Presentation

VAT and International Trade Some case studies

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. VAT and International TradeSome case studies Andrew Walls – Hiland Consulting Limited

  2. Case study 1 - PLZ • Goods – Far East to German Co in Germany • German Co sells to UK Co, delivers to UK Co’s customers in; • UK • Other EU • DE • Business and private

  3. Issues to consider • Imports rules for initial purchase • German VAT rules for sales by German Co • Despatches for non-German sales • German VAT issue on deliveries within Germany? • UK VAT rules for sale by UK Co • Despatches for non-UK sales • German VAT rules on German deliveries • UK VAT on UK sales • Distance selling for non-business customers

  4. Case study 2 – S SA • Spanish Co purchases goods from French Co • Delivery to UK stock held at freight company warehouse • Delivery to UK customers from UK stock

  5. Issues to consider • Triangulation? • UK stock creating UK registration issue • Registration limit • Interaction with UK freight company place of supply rules

  6. Case study 3 – RP Inc • Canadian Co supplying services in the telecoms industry • Customers all business users • UK suppliers of telecoms services • UK suppliers of marketing services

  7. Issues to consider • Place of supply rules • Exclusion to general rule • Use and enjoyment • Reverse charge • UK suppliers • Create UK company?

  8. Case study 4 - VG • US Co supplying online gaming to UK players • Customers not businesses • Customers can pay per play or subscribe • Gambling element

  9. Issues to consider • Taxable or exempt? • Place of supply • UK registration requirement? • Registration limit • Special scheme for electronic services?

  10. Any questions?

More Related