Nearly 100,000 people are aware of the VAT rules in the UK

Nearly 100,000 people are aware of the VAT rules in the UK March 15 this year，UK Finance Bill comes into force。 Which group of people in China will be most affected by the bill?，It must be a company or individual engaged in foreign trade e-commerce business! Implementation of the UK Finance Bill，This means that the British IRS will have greater powers，to deal with those unclicked

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Register for VAT、Cross-border e-commerce sellers who complete tax declarations on time!

actually，Back in 2012，European countries have already targeted cross-border e-commerce companies，issued a series of tax policies，It was just that it was not implemented at the time。And now，VAT tax ID related policies have all come into effect，and are strictly implemented by tax bureaus of various countries.，Making many platform sellers feel anxious。 at present，Many Amazon sellers are experiencing account bans、fined、Funds are frozen, etc.。

究其原因，It’s nothing more than the following points：

1. The VAT tax number of the corresponding country has not been uploaded.；
2. The uploaded VAT tax number information is inconsistent with the background information such as Amazon；
3. The tax bureau audit found that the seller failed to comply with the

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pay taxes；

1. Not according to the country

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Regular declaration； ... There seem to be a lot of problems，But they are all closely related to VAT.。

Since each country’s VAT tax policy is different (e.g.：tax rate difference，Differences in the number of declarations, etc.)，If the seller does not understand the VAT policies of each country，or failed to follow

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declare，All will result in the account being blocked.、被冻结、Cancellation of qualifications to enter the platform and other consequences。 last week，We have explained in detail the issues related to German VAT.，today，Let’s talk about the key matters related to VAT in the UK!

问题一、Which sellers need to apply for a British VAT tax number? Non-UK sellers，Just store the goods in the UK，Sellers using overseas warehouses or FBA； Question 2、What information do I need to prepare to apply for a British VAT tax number?

1. Company or self-employed business license；
2. Provide at least ID card、passport、Two items from your driver’s license；
3. With legal person’s name and address (select 1 option)：Water, electricity and coal VAT invoice，Real estate certificate，房屋租赁合同；
4. Basic business information
5. Screenshot of Amazon backend (company name and business address) Question 3、When should I start claiming UK VAT?

UK VAT is reported quarterly，After successful registration of VAT tax number，Report every three months，Declaration 4 times a year。 Question 4、What are the ways to declare VAT in the UK? 0 declaration：If all goods are not shipped through the UK station，There are no sales records in Amazon’s backend，You can apply for 0 declaration。if there is sale，Even if it’s only 1 euro，Also need to press

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declare。

Low tax rate declaration：The seller’s annual sales in the UK are less than 230,000 pounds，You can apply for a low tax rate declaration，The tax rate is 7.5%。 Normal tax rate declaration：The seller’s annual sales via UK site are greater than £230,000，Normal declaration is required，The tax rate is 20%，Report quarterly。 Question 5、VAT tax number

Registration process

What is it?

1. Consult or place an order at Hong Kong Xintong Mall (VAT tax number registration/VAT tax number registration + declaration related packages)；
2. A specialist from Hong Kong Xintong Overseas Enterprise Service Center will call within 5 minutes，Understand the specific situation of customers；
3. The customer will submit the information required to register for British VAT to Hong Kong Information Communications Group (if the platform account is an old account，You need to pay the tax first)；
4. Hong Kong Xintong Overseas Enterprise Service Center connects British tax partners to apply for VAT tax numbers；
5. Get your VAT number quickly；
6. Complete VAT tax number registration/entrust Hong Kong Xintong·Zhonghaina Accounting Firm to make quarterly VAT declarations。

Hong Kong Xintong is a group company focusing on enterprise services，The group has a technology enterprise service center、Overseas Enterprise Service Center、会计师事务所、Intellectual Property Office、Law firm! Ability to provide supporting solutions to various services required for business operations，like：Company registration、trademark、patent、copyright、财税、audit、Law etc.。

The group has been established for 13 years，Gathering a large number of industry experts，Rich experience，Able to deduce the problems that the company will face based on the current situation of the company，and provide targeted solutions，It is a good helper on the road of enterprise development!

About Hong Kong Xintong

Hong Kong Xintong focuses onHong Kong Securities and Futures Commission license、Hong Kong Insurance Broker License、Hong Kong MSO Licenseandmoneylenders licenseApply for service，Assist customers to applyUS MSB license、NFA、RIA、Canadian MSB license、Mainstream overseas financial licenses such as Australia and Mexico，Support enterprises to achieve compliance expansion of cross-border financial business。Also availableCayman Islands Offshore Company Registration、Offshore fund establishment and global compliance operations and other services，Help enterprises expand their presence in international markets。Provide one-stop compliance solutions for enterprises。To learn more，Please contactHong Kong Information Communications Consultant。