|
|
|
|
| Author |
|
|
Registered
Join Date: May 2005
Posts: 277
|
Uk - vat ???
I work for a US company and we are selling product to a UK company, which then will mark it up and sell to a France customer. We ship the product to France. Question is what VAT to charge .. UK or France?
Hoping someone can shed some light... Thanks
__________________
21 M3P 00 996 C4 Cab - Sold 95 993 Cab - Sold 88 911 Targa - Sold 96 FJ80 - Sold |
||
01-17-2012, 02:54 PM
|
|
|
canna change law physics
|
France
Since it is re-exported, the VAT either doesn't happen in the UK or it is refunded.
__________________
James The pessimist complains about the wind; the optimist expects it to change; the engineer adjusts the sails.- William Arthur Ward (1921-1994) Red-beard for President, 2020 |
||
|
01-17-2012, 05:27 PM
|
|
|
Registered
Join Date: May 2005
Posts: 277
|
Our company is sending the product directly to France on behalf of the UK company, so the product never touches UK soil... So I do not understand the reexporting
__________________
21 M3P 00 996 C4 Cab - Sold 95 993 Cab - Sold 88 911 Targa - Sold 96 FJ80 - Sold |
||
|
01-17-2012, 05:38 PM
|
|
|
canna change law physics
|
OK, then there is no VAT until France. The importer should be taking care of the VAT. I export to Mexico and the VAT (IVA in Mexico) is taken care of by the importer.
__________________
James The pessimist complains about the wind; the optimist expects it to change; the engineer adjusts the sails.- William Arthur Ward (1921-1994) Red-beard for President, 2020 |
||
|
01-17-2012, 05:41 PM
|
|
|
Registered
Join Date: Jun 2002
Location: Winnipeg, MB, Canada
Posts: 3,963
|
You pay neither VAT. As mentioned VAT is payed by the importer not the exporter.
Do you pay FET on your products? Excise Tax
__________________
Bunch of old cars 
|
||
|
01-17-2012, 07:23 PM
|
|
|
Registered
Join Date: May 2005
Posts: 277
|
My VAT question revolves around our sales invoice to the UK customer....should I charge any VAT? And if so, for what country?
__________________
21 M3P 00 996 C4 Cab - Sold 95 993 Cab - Sold 88 911 Targa - Sold 96 FJ80 - Sold |
||
|
01-18-2012, 02:39 AM
|
|
|
Registered
Join Date: Jun 2002
Location: Winnipeg, MB, Canada
Posts: 3,963
|
The sale occured in the USA. You charge no VAT.
The importer pays the VAT when they import the goods.
__________________
Bunch of old cars
|
||
|
01-18-2012, 03:24 AM
|
|
1970/1982 Porsche 914-6/911SC 2.7 RS
