Karlss onkma
Joined: 8/19/2024
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Business to business sales involving goods, with or without UK VAT
Selling company (Company1) is an overseas company that has a UK VAT number. It is selling goods to other company (Company2) that is located in the UK and also has a UK VAT number. Although Company1 is not UK based, it has a 3rd party warehouse in the UK. Company1 is about to sell goods outside UK, from EU country, to its end customer Company2 located in UK. In this case, Company1 does not utilize their 3rd party warehouse in the UK and hence the transaction can be considered as an import because it is shipped outside UK directly to Company2. Should UK VAT be included and added to total amount in the invoice?