The first point: you can use the British VAT tax number to do transactions and sales in the UK, which can ensure a good record of the goods, and use the VAT tax number to carry out import customs clearance smoothly;

The second point: import and export tax and sales tax are paid in the same account, import and export value-added tax can be refunded, and value-added tax only pays value-added tax, which greatly reduces the expenditure cost of enterprise tax;

The third point: to apply for a VAT tax number in the UK, you can set up a warehouse in the UK for delivery, or you can use it to settle in overseas e-commerce platforms such as Amazon and ebay.

Britain's VAT tax number is actually Britain's VAT, called VAT, which is mainly used as the tax declaration number of a British company. Because with the rise of Amazon's e-commerce platform, goods sold online may not be subject to the comprehensive supervision of taxation.

Therefore, at the request of the British government, the e-commerce platform headed by Amazon requires all Amazon businesses in the UK to apply for and declare the VAT tax number before starting their business, so as to ensure that they can be supervised by relevant departments in the UK.

If a British company wants to apply for a VAT tax number, it needs to prepare some information:

1. Basic information of the applicant: the applicant needs to provide his own identity information, such as a copy of his passport and ID card.

2. Company certificate: the applicant needs to provide the business license of the company to ensure that the British government is suitable for the normal operation of the British company.

3. Proof of address: Although the British government and Amazon and other platforms do not force British companies to provide the business address of the entity, they need to provide the applicant's address certificate for tax identification.

Therefore, in this request, the applicant can show credit card bills, utilities bills, gas bills, fixed telephone bills and other information. But no matter what kind of certificate, it must reflect the name and address of the applicant.

apply for

After preparing the above information, the applicant can fill in the application form of VAT tax number according to the real situation of British companies. This form can generally be downloaded from HMRC's website.

After completing the form and submitting it to the Inland Revenue Department, they will review it. After the approval, the VAT tax number of the British company will be mailed to the applicant.

What is the tax rate of 2VAT?

There are two tax rates in Britain, the standard low tax rate is 7.5% and the normal tax rate is 20%. FBA's annual sales in the UK are not expected to exceed 6.5438+0.5 million, so it can apply for low tax rate declaration.

If the low tax rate is declared as non-deductible import tax value-added tax, and the accumulated sales in one year exceed 230,000 pounds, you need to quit the low tax rate plan and use the normal tax rate. After withdrawing from the low tax rate plan, you cannot rejoin the low tax rate within one year.

3 How to calculate the UK VAT rate (20% tax rate declaration)?

VAT payable = business tax VAT-import tax VAT

Sales tax VAT = market price /6 market price = pricing x 1.2

Import duty VAT = (declared value+first trip freight+customs duty) x20% (merchants can use it as a deduction in quarterly declaration).

Import duty = declared value x product tax rate (the tax rate here refers to the tariff rate)