UK VAT Registration Requirements Selling on Amazon Europe

UK VAT registration requirements - Selling on Amazon Europe
https://azneu.com

Following on from Monday’s video where we gathered together the company information to have on hand when preparing to submit an application for a VAT number, today we’re looking in more detail at applying for a VAT number in the UK.

Non-established business supplying taxable goods (or services) in the UK are obliged to register for VAT, regardless of turnover.

Foreign businesses should complete Form VAT 1, though if you appoint a fiscal representative they can complete the form online on your behalf.

If you already hold an EU VAT number in another country, you can apply using Form VAT1A for distance-selling into the UK.

The threshold for distance sales onto the UK is £70,000 per annum.

Non-resident businesses must have a UK bank account.

It normally takes 4-6 weeks for a UK VAT number to be issued. The format of a GB VAT number is a prefix GB followed by 9 digits eg. GB123456789

To import goods into the UK, you must hold an EORI number which can be applied for as soon as you receive your VAT number. You’ll receive it by email, usually within 3 working days.

Be aware, if the UK leaves the EU without a deal, you will be required to hold an EORI number in order to continue trading with the EU after 29 March 2019.


Once the VAT number has been issued, the company can commence trading and charging VAT.
VAT compliance rules must be followed and the company must file regular VAT returns and pay vat liabilities when due.

Disclosure: I am not giving VAT or tax advice and the responsibility is on you to ensure your company is following compliance rules where you are trading. I recommend that you seek advice from an independent and qualified tax adviser to determine your company’s obligations before trading and ensure continuing compliance.

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As Pan-European FBA sellers who have walked this road, we’re always happy to hear from other sellers. Feel free to get in touch by private message or leave your comment below.

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Thanks for watching, I’ll see you next time.
Amazon's VAT knowledge centre:
https://services.amazon.co.uk/service...

UK HM Revenue & Customs:
https://www.gov.uk/topic/business-tax...