Hamza
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RE: VAT on exports
The importer is an associate of mine who has a company in the UAE that can import the goods on my behalf because apparently I cannot go there and do it myself as I do not have a registered company there. That’s how it works over there I am told. So there is no sale/purchase agreement between me and him. He has agreed to register the goods on his name and I can sell it to whomever else and keep the proceeds. I could possibly pay him a commission if that is of any relevance. -
RE: VAT on exports
Hi, thank you very much for getting back to me. The goods are intended for resale, but not at the first instance where for example I will be invoicing a customer overseas who will take delivery of the goods. Rather, placing the goods through a relevant overseas marketplace at a later date for sale. As I think section 4.1 on VAT notice 703 mentions an overseas buyer places an order with me directly, however this is not the case. So was just wondering would section 4.1 still apply if I wanted to sell the goods overseas but have not got an overseas customer yet, but the machine is still being exported directly from the supplier nonetheless? -
VAT on a direct export that is invoiced to a UK based customer
Hello, I want to buy something from a UK based supplier that will be invoiced to me, a private UK based individual. However, this product will be directly exported to the UAE from the UK based supplier. The consignee for the goods will be a UAE based company. Will the invoice to me be eligible to be zero rated as a direct export? -
VAT on exports
Hello, I am a UK based customer and want to buy a machine that will be directly exported by the vendor themselves without me consuming or taking delivery of the machine here in the UK. The vendor says that VAT will be refunded back to me directly once they receive the export documents from the logistics company. On VAT notice 703 section 4.1 I read that the supply from the vendor to myself is in the UK so it is subject to VAT. Which means in order to claim the VAT back due to the export, I must register for VAT and claim the VAT as an input tax on a return. Please can someone clarify if section 4.1 on VAT notice 703 is applicable to my scenario? As both options ultimately lead to the same result in me being refunded the VAT, however one being a bit more long winded than the other. Thank you.