VAT service on BNSBids
| VAT Services on BNSBids. |
What is VAT?
In the European Union (EU), the United Kingdom (UK) and Australia (AU), and in some other countries VAT is a consumption tax on the value added to goods and services. It applies to goods and services bought and sold for use or consumption.
When do I need to register for VAT?
There are several scenarios where a company is required to register for VAT purposes in a country. The most common, listed below:
- Importing goods into the country for sale or distribution.
- Domestic sales
- Selling goods to individuals over the internet (distance sales)
- Providing electronic services or downloads to consumers
- Storing goods in a warehouse, as consignment stock or in a fulfilment centre
- Events in the country
- Land related services….
Shipping to other countries;
If you ship to other countries where you are VAT registered, you must also add your VAT number to that country on your shipping setup page.
If you are VAT registered to ship in other countries, then you must add the VAT number for each country you are registered to ship to.
Or, if you use the One stop shop (OSS) in Europe, you have to add this VAT number.
If you ship to any country and you are not VAT registered in that country you should check to see if you have an obligation to register in the country, before selling.
If you have completed the above actions by updating your account, you can contact our partner VAT service and take the necessary steps with them.
You can contact them here: taxbackinternational.com
You can check your VAT registration by choosing the option below and submitting your VAT number:
Links will open in a new window.
Check a UK VAT number
Check EU VAT number(iban.com/vat-checker) or Check a VAT number (VIES)
What does the VAT Services BNSBids Provide?
Taxback International is a third-party global Vat service provider, that we are committed to working closely to help all our sellers fulfil their legally requirements in relation to VAT.
This might include the following:
- Checking if you have a VAT registration obligation in particular country
- Registering your business for VAT in different jurisdiction
- Preparation of your VAT returns and filings on your behalf.
- Communicating with the tax authorities on your behalf
- Assistance with any questions or audits by the tax authorities
I am currently using a VAT service provider?
If you are currently using a VAT service provider to help with your VAT obligations in the countries you ship to then before you use our service to ship to any country, please send us the VAT service provider URL.
We require the URL so we can check before we move to the next stage.
We will contact you within 7 working days.
I do not ship to other countries.
In that case, you have no import VAT obligations in other countries.
You may still have the standard VAT obligations in the countries your business is registered in.