purplestar

Hi thx for the reply.
So now I managed to sign up as VAT registered and I have EORI.
Can I confirm below ?
1) before import arrive, I need to declare import with eori. And need to pay duty and import vat ? Do u have the exact link to declare import?
2) since I m vat registered, I can charge 20% vat on the selling price of my product?
3) the question is when do I report the vat collected to hmrc? And pay vat ? Do I do it quarterly or monthly? Do u have the exact link that I can record vat and submit vat?
4) I heard sth abt vat refund. Why exactly is that
Thanks

Hi, I am residing in UK and wish to import some goods from Asia as a small online limited company owner. I have not registered VAT since my revenue did not and is not expected to exceed the threshold. My application for EORI is under way but I am not sure of the below 1) at which stage of the import process would i be asked to present my EORI. Do I have to sign up for customs clearance and show EORI every time i import goods to UK? Is there a custom charge / tax charged during the clearance prrocess, and will it be based on the value of the import, and is this type of charge "VAT"? 2) Assuming the type of charge in bullet point 1 is non-VAT, will VAT then be charged by HMRC before the goods are sold? Or will VAT only be charged after goods are sold and tax is filed? Is there an exact % of VAT that sellers must show to buyers when selling the item, and is that the amount to be filed to HMRC? thank you