How to deal with cross border VAT for e-commerce exporters with Alex Wyatt of SimplyVAT
Description
Alex Wyatt, Global Project Manager at SimplyVAT
Using cross border e-commerce to export around the world is a relatively easy and very efficient way to begin your export journey.
One thing you need to be aware of is that although you can initially sell cross border without registering for VAT in the country you are selling to, there are different thresholds for different countries after which you will have to register for and pay VAT in the destination.
My name is David James and in this episode of Midlands Export, which was recorded at the Department for International Trade’s Go Global Event in February this year, I’m talking to Alex Wyatt, Global Project Manager at SimplyVAT.
Alex tells me that although there’s a single market in the EU there aren’t common VAT regulations so you would have to register to pay for different taxes in each of the countries.
Unfortunately the rest of the world is no easier with the USA having a sales tax rather than VAT which differs from State to State and town to town.
Fortunately you can get help from companies like SimplyVAT.com who can deal with the complexities of international VAT for you.
You can also get support from your very own International Trade Adviser. Just go to Great.gov.uk and click on the ‘Contact an International Trade Adviser’ link which is on the front page.
United States
