McNeillCreativeUK
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RE: Turnover from international customer sales and the VAT threshold
Thank you, that’s really helpful. So if I’ve understood correctly, the sales count towards my turnover in terms of meeting the threshold, but I won’t pay VAT on those international order providing they meet the limitations set out for zero rated sales? Thanks again, Stacey -
RE: Turnover from international customer sales and the VAT threshold
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Turnover from international customer sales and the VAT threshold
I run a small business in the UK, selling direct to consumers through my website, around 40% of my orders come from the USA, Canada, Australia and a few other places. I’m wondering if these sales count toward my turnover figure used to calculate whether or not we have reached the VAT threshold? My international orders are ‘worth’ more in terms of the turnover figure as the postage costs to send items are considerably more than for uk orders. If international sales do count then I think I will have just reached the threshold, if they don’t, I won’t be close yet. I would also like to pose the same question for selling to businesses abroad - I believe they do count towards the VAT threshold, but I’m not so sure about direct to consumer orders. Can anyone advise on this? Thanks Stacey