Share:
POST
TWEET
SHARE
SHARE
EMAIL

Quick VAT Guide for Ecommerce Businesses from Accordance

By Dan Wilson March 15, 2012 - 7:28 am

One of the more complex issues that faces any ecommerce SMEs is the thorny field of VAT. No doubt one of the reasons that VAT keeps people awake at night is because the VAT man has a punitive selection of sanctions at his disposal.

One of the complicating factors regarding VAT comes in the shape of cross-border trade. What are the rules?

This quick primer about VAT and cross border trade from Accordance is useful, it provides a straighforward look at the international implications of VAT. Of course, we always recommend you get proper advice from a fully qualified accountant but this is a good place to get started.

  • PayPaluser
    7 years ago

    This Accordance guide is useless. If you look at the data for each country, it does not tell you what the individual percentage rates apply to, ie goods or services.

    For instance have a look at the data for Italy, it gives you three different rates 4% 10% and 21% and worst of all it’s in FRENCH!

  • 7 years ago

    Hi PayPaluser,

    The 3 different rates in the Country VAT Data pages refer to the Super Reduced Rate, the Reduced Rate and the Standard Rate (%) that exists in each Member State. This information may be presented more clearly for you here http://www.accordancevat.com/vat-resources/e-vat-rates/

    Also, because each Member State has different rules regarding VAT which are liable to change, all of our guides are simply for guidance purposes and specific queries should always be directed to a VAT advisor.

    Thanks,

    Accordance

  • PayPaluser
    7 years ago

    Okay thanks for that – why is it in French?

  • 7 years ago

    We work across Europe and so have multilingual sites – it is possible you navigated to our French site by mistake.

    Another thing that E-Commerce businesses have to be aware of is not only the VAT rates in each country, but also the Distance Selling Thresholds. Once you have crossed one of these country-specific thresholds, your business must register for VAT in that country and charge local VAT. The thresholds can be found here – http://www.accordancevat.com/vat-resources/e-commerce-distance-selling-registration-thresholds/

Featured in this article from the Tamebay Guide – companies that can help you grow and manage your business.

See More Companies >

Recent Comments

28 mins ago
SMB: eBay paid Devin $17 million last year. He got to buy shares at reduced rates...
11 hours ago
ed martin: It's wonderfully irrelevant. So daft that we should argue for the same draughtspersons to rewrite income...
11 hours ago
ed martin: comment to ifellow above: The UK has hardly any staff employed to deal with such issues. Its...
16 hours ago
Dav: @SAM Here's another photo for you with Devin. It's at Walker's West, a high-end exclusive...