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JoJo Maman Bébé FD talks growth, ethics and nappies
JoJo Maman Bébé FD talks growth, ethics and nappies. by. Tom Herbert. 2nd Feb 2017. Running a busy finance team in a multinational company is never going to be child’s play, but for Hannah Heath it’s all in a day’s work. AccountingWEB caught up with Heath to find out more about the firm’s award-winning finance department.
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Brexit and the impact on VAT - AccountingWEB
Brexit and the impact on VAT. 7th Dec 2020. As of 1 January 2021, UK businesses have to consider imports and exports to and from European Union (EU) countries as they do for countries outside the EU. This means complex customs procedures apply and the way VAT is accounted for also changes. In this short article, discover how VAT will be ...
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Chancellor fires the starting pistol on e-invoicing plans and hints at ...
The format is already in place in many South and Latin American countries, and other European countries are starting to follow suit. Germany will begin a three-year phased introduction of e-invoicing from 1 January 2025, Belgium, France and Poland start in 2026, while the EU as a whole is currently planning to roll out a ‘harmonised’ version of the plans in July 2030.
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Flat rate scheme and european sales - AccountingWEB
No More detailed guidance is given in VAT Notice 733.. Sale of goods to other EU countries is included in the FRS turnover, but sales of services are not, provided that they are services of the type to which the normal B2B rule applies of being supplied in the country where the customer belongs and are therefore outside the scope of UK VAT.
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Can a DDP Customer Reclaim VAT if we recharge them
Short answer, no, customer cannot reclaim recharged import VAT. DDP (Delivered Duty Paid) means that you, as the seller, is responsible for the import VAT at EU destination, so lets say customer is in Italy, the freight agent will pay the Italian VAT and recharge this back to you, you cannot reclaim this VAT unless you have an Italian VAT ...
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VAT on services provided outside EU - AccountingWEB
Supplies of services, which are treated as outside the scope of UK VAT by virtue of the customer belonging outside the EU, need to be included in Box 6. There is no VAT"liability" because there is no VAT due on the supply. Nor is the VAT zero-rated - it is outside the scope of UK VAT.
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Zero VAT or No VAT for Amazon sales in Europe? - AccountingWEB
The company is also registered for VAT in these EU countries and reports these Amazon sales on EU VAT returns. When inquiring with the HMRC helpline regarding the applicable VAT rate for UK VAT returns, the adviser explained that these sales fall outside the UK VAT scope. Therefore, these sales should not be included in the VAT box 6.
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How to claim post-Brexit VAT refunds - AccountingWEB
A printed copy must still be enclosed with the VAT 65A. The original invoices relating to the claim must be supplied with the form and must show: The supplier’s name, address and VAT number. The date of the supply. Details of the goods/services supplied. The VAT inclusive cost of the supply. The rate of VAT applied.
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VAT in the Digital Age: How can UK businesses prepare for 2024?
As businesses should now be aware, the European Commission’s proposed ViDA (VAT in the Digital Age) reforms mark the beginning of the body's digital tax transformation programme. While negotiations among EU member states on a final text have yet to conclude, the original proposal states that from January 2024, countries will be able to impose ...
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VAT on supply of Hosting Services to Europe - AccountingWEB
Example: a USA business purchases web-hosting services for its international business, including its UK branch — although the supply is received in the USA, to the extent that it’s used in the UK, it’s subject to UK VAT". In my opinion the Use and Enjoyment of those websites are in those European Countries, the webs are build on the local ...
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