Reply to post: NON UK Companies with stock in Uk

NON UK Companies with stock in Uk

All non UK Companies with stock in UK need to register for VAT when they make their first supply of goods in the UK

There is no Vat threshold

This systematic abuse of this Vat law has led to a significant distortion price in the uk & eu marketplace through vat abuse which has led to Vat registered businesses unable to compete on price.

HMRCs continued systematic failure to enforce compliance of EU Law regarding sellers obligations to display VAT numbers is fuelling VAT fraud and abuse on e-marketplaces such as Amazon and eBay which is continuing to grow at a near expotential rate.

The EU are introducing new regulations which will mean any goods being sold in the eu or uk will include Vat.

So if a Chinese seller distant sells to Uk customers, dispatching their stock from China they need to reigister for vat in the UK. All parcels entering uk through customs will need to display vat number on the outside of the parcel. If a parcel does not have a vat number it will be returned to sender.

A Chinese seller dispatching stock from uk with out registering for Vat is committing vat fraud in its simplest form.

The EU is trying to level the playing field by removing unfair marketplace price distortion by non Eu sellers in this era of global cross border ecommerce