Re:Brexit VAT rules: shipping notice on a Dutch ecommerce store
by akvadrako on Saturday January 02, 2021 @08:01AM
(#25612555)
Is there a list somewhere or how do you know most countries have this?
I've never heard of it and would be very interested in taking advantage.
Re:Brexit VAT rules: shipping notice on a Dutch ecommerce store
by AnssiH on Saturday January 02, 2021 @08:11AM
(#25612612)
Sure, e.g. here is an EU list: https://www.avalara.com/vatlive/en/eu-vat-rules/eu-vat-numbe...
However, note that most of these thresholds apply only to residents of the said country. Distance selling etc. is covered by other schemes and thresholds.
Presumably you should be able to afford an accountant by the time you reach that figure.
It's worth mentioning that you can't deduct VAT on your purchases if you don't collect VAT so if you have low margins that might be an issue.
Edit: The thresholds in Ireland are actually 75k for goods and 37.5k for services. The figure I remembered is out of date.