Kevin Hall and Vaughn Chown provide a practical overview of some common VAT issues on cross-border transactions
Where to start?The modern age of global trade requires ever more practitioners to handle international transactions for their clients; VAT plays a significant part. This article focuses on practical examples and some recent developments.
A UK VAT registered company buys machinery worldwide and sells on to customers worldwide. What are the VAT implications?
Goods transported from the EC to the UK: ‘acquisition’
Goods transported from the EC to the UK for the UK company are treated as an ‘acquisition’. The EC supplier should not charge VAT provided the UK company has provided its UK VAT registration number...
