Bringing VAT Down to Earth
VAT Advice You Can Understand
Expert VAT Solutions for Your SME, Online Business, and Marketplace Store
At VAT Advisory, we’re here to simplify VAT compliance so you can focus on what really matters: growing your business. Whether you’re an SME, online seller, or marketplace store, our tailored VAT solutions are designed to meet your needs without overwhelming you with unnecessary complexities or hidden services.
Simplify VAT, Amplify Your Business
Leave VAT to us, so you can focus on what really matters.
Why Choose VAT Advisory?
Our goal is to bring VAT advice down to earth, making it accessible, practical, and valuable for your business. We’re here to take the guesswork out of VAT, providing solutions that don’t just make you compliant—they help your business grow with confidence.
- Focused Expertise for SMEs and Online Sellers: We understand the unique VAT challenges faced by different types of businesses. Our consultancy is tailored to provide practical solutions that align with your specific business activities, helping you avoid common VAT pitfalls.
- Clear and Practical Advice: VAT regulations can be complex, especially for growing businesses. We simplify the rules and explain them in practical terms, ensuring you have a clear understanding of how VAT affects your day-to-day operations.
- Where and When to Register: Our approach is practical, focusing on where and when registration is necessary. We guide you through the requirements, ensuring VAT compliance without over-complication.
How We Help
We know that VAT is essential but can often feel complex. Our advisory services break down the intricacies of VAT compliance with practical, easy-to-understand advice, tailored to the unique needs of your business. Whether you’re expanding across borders, selling online, or planning your next VAT move, we are here to make VAT compliance straightforward and stress-free.
Our Services Include:
Tailored guidance that simplifies VAT obligations based on your business model, so you’re always prepared and compliant.
Track your international sales and avoid unexpected VAT requirements with proactive monitoring.
Expand with confidence as we guide you through VAT rules across different countries and borders.
Get Exactly What You Need with Honest VAT Advice
Say goodbye to unnecessary services! We provide tailored, independent guidance that focuses solely on your real needs. Save time and money with clear, straightforward VAT solutions.
Our Process
We follow a streamlined, practical approach to VAT advisory:
1. Assess Your Case and Needs
We begin by understanding your unique VAT situation and the specific challenges you face.
2. Ask the Important Questions
Our team digs into the details to ensure nothing is overlooked.
3. Provide Written Advice
Receive a clear, actionable plan that addresses all your questions and sets you on the right path.
Practical Approach to VAT Compliance
Focused on necessary registrations and straightforward VAT compliance—no over-complications.
Contact Us Now
Now you know what to do! Take the next step by reaching out to our VAT experts. Let’s make VAT compliance easy and focused on what your business actually needs.
Frequently Asked Questions About VAT
Navigating VAT regulations can be complex, especially for businesses operating across borders. Whether you’re an SME, an online seller, or a marketplace business, understanding your VAT obligations is crucial for staying compliant and avoiding costly mistakes.
In this section, we’ve compiled answers to the most common questions about VAT, the One-Stop Shop (OSS) scheme, VAT registration, rates, and more. These FAQs will help you understand the fundamentals of VAT, clarify your responsibilities, and guide you through the complexities of cross-border taxation. If you have further questions, feel free to reach out—our team of VAT experts is here to help!
When do I need to register for VAT?
You must generally register for VAT if your business:
- Stores goods in an EU country for sales.
- Sells to customers within the EU and exceeds the distance selling threshold (€10,000 annually across the EU).
- Uses Amazon’s Fulfillment by Amazon (FBA) or similar services that store inventory in multiple EU countries. For businesses outside the EU, registration may also be necessary for selling into EU markets depending on thresholds and supply chains.
What is VAT, and why is it important?
VAT (Value-Added Tax) is a consumption tax applied at each stage of a product’s lifecycle, from production to the final sale. It’s important because businesses are required to collect and remit VAT on sales within many countries. Proper VAT compliance is essential to avoid penalties, build trust with customers, and facilitate smooth business operations.
How is the Import One-Stop Shop (IOSS) different from OSS?
The Import One-Stop Shop (IOSS) is designed for non-EU sellers who ship goods directly to customers within the EU. With IOSS, sellers can collect VAT at the point of sale and report it through a single monthly return, which makes cross-border sales smoother for both the seller and the customer.
What is the One-Stop Shop (OSS) and how does it help?
The One-Stop Shop (OSS) is an EU scheme introduced to simplify VAT compliance for cross-border sellers. Under OSS, businesses can report VAT for all eligible EU sales in a single return, rather than filing in each country separately. This is particularly useful for online businesses selling across multiple EU countries.
What are the VAT rates in different EU countries?
VAT rates vary by country. The standard VAT rate in the EU ranges from around 17% (Luxembourg) to 27% (Hungary), but some products and services may have reduced or zero rates. Staying up-to-date on these rates is essential, especially if you’re selling across multiple EU countries.
How do VAT returns work?
VAT returns are periodic reports that outline your VAT collected and paid. They’re typically filed monthly, quarterly, or annually, depending on the country’s regulations. A VAT return ensures that you’re remitting the correct VAT amount to the tax authorities.
What records do I need to keep for VAT?
For VAT compliance, you should maintain detailed records of:
- Invoices issued and received
- Sales and purchase records
- VAT paid and collected
- Import and export documents Keeping accurate records is crucial for filing VAT returns and being prepared in case of audits.
What’s the difference between B2B and B2C VAT transactions?
- B2B (Business-to-Business): Generally, VAT is charged on domestic sales, but in cross-border EU sales, VAT is often reverse-charged (paid by the buyer rather than the seller).
- B2C (Business-to-Consumer): VAT must usually be charged by the seller, regardless of where the customer is located within the EU.
How can VAT Advisory help my business?
At VAT Advisory, we provide end-to-end VAT solutions, from registration to compliance and VAT audits. We specialize in making VAT requirements clear and manageable for businesses of all sizes, helping you grow confidently across borders.