TheMayorOfBV

I am importing from Brazil to UK. This is business to business. Am I right in thinking, with with DAP (Duty at Place) and B2B: 1. The importing UK company will pay duty (on COG+shipping+insurance etc) if the cost-of-goods (COG) is over £135? 2. The importing UK company will pay VAT on duty+COG+shipping+insurance etc; even if the COG is under or equal to £135? But for B2C, if the COG is under or equal to £135, the exporting company should be registered for UK VAT, and charge UK VAT at the point of sale? Many thanks for your help in advance, I have read so much conflicting advice!

I'm answering my own question here; but it seems from reliable sources, that you cannot apply for a UK mainland IOSS number; but you can apply for one in Northern Ireland, but only if you have a Northern Ireland limited company. This is all to do with Brexit etc. So best to register with one of the online IOSS services, that will give you a IOSS number from an EU country such as Estonia etc. Do research and speak to a few of them, as their charges vary widely.

Many thanks for your replies, much appreciated.

We are a UK Limited registered company, importing incense from a Brazilian registered company. The value of shipments will be around £300. We are not UK VAT registered, as we have not hit the turnover threshold. We will be using UPS/Fedex to ship the goods from Brazil. Can UPS/Fedex pay the 20% UK import VAT on our behalf, and then we then pay them (that seems to be a service they offer)? Or does the Brazilian company need to register for UK VAT and charge us UK VAT? Thank you.

Hi I have a UK registered Limited company, whose address is registered in London, England. Can I apply for an IOSS number from HMRC, to enable to me collect/report EU VAT when I export to EU countries? You guidance is not very clear. I think I have to have a Northern Ireland company, but if I did, I can still ship from England to the EU under IOSS? Here is your guidance. Many thanks: https://www.gov.uk/guidance/check-if-you-can-register-for-the-vat-import-one-stop-shop-scheme