AccountingWEB3d
DDP shipping terms, who is responsible for VAT
The DDP shipping covers the import duty and freight, the company importing the goods has not provided their EORI so is the UK agent the IOR and it would be on their C79 ( importer of record ) and thus ...
AccountingWEB3d
VAT treatment on "Free Of Charge goods"
Company A sponsors a large trade fair. Rather than paying a sponsorship fee of £100,000 + 20% VAT to the event ...
FarmingUK11d
Farms advised to take note of new HMRC guidelines for VAT compliance
Farming and rural businesses are being advised to take note of new HMRC guidelines for VAT compliance in order to minimise ...
Accountancy Age26d
EU mandates electronic VAT exemption certificates by 2032
The European Union has set 30 June 2032 as the deadline for the mandatory adoption of electronic VAT exemption certificates, replacing the traditional paper-based system. The Council’s decision, ...