Скачать или смотреть 🌍 Planning to Retail Internationally? Understand the Tax Implications First! 🌍

Expanding beyond the UK can be exciting, but international sales come with their own tax rules. Here’s what you need to know:

🔹 Thresholds Matter

In Europe, many countries have a €10,000 sales threshold for VAT registration. 📈 Once you reach this, you must register for VAT in that country.
The US and other markets may have similar requirements, often tied to nexus rules or inventory held in their country.

🔹 Plan Ahead

International VAT and sales tax compliance can impact your profit margins and add extra accounting costs.
Consider using the One-Stop Shop (OSS) in Europe to simplify VAT across multiple countries.

🔹 Benefits of Compliance

Faster customer delivery times and enhanced service feedback 🚚📦—but weigh these benefits against potential costs and registration requirements.

💡 Pro Tip: Discuss your expansion plans with your accountant to avoid costly surprises down the line!