Consultancy
VAT Customs Consultancy
Simplifying EU VAT Compliance for Online Sellers
VAT (Value Added Tax) compliance can be a daunting task for any business, and it becomes even more complicated when you are dealing in e-commerce. The rules surrounding UK VAT for e-commerce businesses have undergone significant changes, especially after 1 January 2021, when the UK officially left the EU. Nexus VAT offers advice from registering a business to preparing and submitting the periodic VAT return. Businesses operating in multiple jurisdictions must ensure reports are filed accurately and on time, in accordance with the information required by each Tax office in the respective countries. We also provide VAT consultancy advice worldwide.
VAT Consultancy
The movement of goods to, from and within the EU and internationally is a complex area, with VAT implications the supply chain process.
As such, Nexus VAT provides consultancy and support to:
• Ensure that import VAT is being recovered on imports into the EU, and where possible, advising on the use of reliefs such as Regime 42 for the movement of goods within the EU to maximise cash flow.
• Advise on supply chain structure early and future expansion for e-commerce businesses to ensure that the VAT compliance implications a carefully thought out at the outset.
• We will provide you with guidance throughout the registration process and advise you of available simplifications which in some circumstances, prevent the need for multiple VAT registrations in the EU.
• Assists in the recovery of VAT incurred in the EU using the 8th or 13th Directive claims
Customs Consultancy
The movement of goods to, from and within the EU and internationally is a complex area, with Customs implications the supply chain process.
As such, Nexus VAT provides Customs consultancy and support to:
• Help mitigate the cost of duties on imports throughout the world, utilising customs reliefs and simplifications, making use of original and preferential trade agreements, preventing double duty through supply chain reviews and considering the tariff code and applicability on goods.
• Provide advice using our practical knowledge to ensure smooth supply chain movement and to prevent delays in the movement of goods through the EU.
• Advise on supply chain structure early and future expansion for e-commerce businesses to ensure that the customs duty implications a carefully thought out at the outset.
Our advice is bespoke and our experts can assist with the complex world of imports and exports to ensure you minimise the amounts of duty your business pays, whilst ensuring your supply chain remains efficient. Get in touch with us today to schedule a consultation with one of our experts.