Commentary

V7.278 Registration of an overseas trader for UK VAT

Part V7 Tax planning
Part V7 Tax planning | Commentary

V7.278 Registration of an overseas trader for UK VAT

Part V7 Tax planning | Commentary

V7.278 Registration of an overseas trader for UK VAT

Before 1 December 2012 an overseas trader could benefit from the UK VAT registration threshold. In general terms this meant that an overseas trader could make taxable supplies in the UK up to the level of the VAT registration threshold without being required to register for VAT in the UK. It was possible for the overseas trader to register for VAT voluntarily, for example to claim input tax on imported goods, but there was no obligation to do so, providing they did not breach the VAT registration threshold with reference to the level of their UK supplies and/or the level of their acquisition of goods in the UK from other EU countries.

The general rule is that

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