Vat registered in the uk


#1

Hi guys, new here just have this question! Do you know if I’m not vat registered in the uk can I start selling EFN?! Do I have to register in the uk first?!
Thx


#2

I’m not fully certain but I don’t think you need to be UK vat registered but you will need to register for vat in the other countries that you wish to sell in in Europe.


#3

I thought doing EFN you don’t have to as you are not storing goods in those countries!


#4

You may be right, I’m still learning all this myself.


#5

UK resident,stock in UK FBA,no need to register until threshold reached in any country you sell to via EFN


#6

Interesting, so you don’t need to worry about vat at all when selling in Germany for instance until you reach the German threshold?


#7

Thx for your helpful answer! I just started and it’s so confusing about this vat thing all over the internet.
I do not sell more then 70k at the moment so no need to register in the uk for now. Although I guess once your turnover including EFN sells will rich the 70k then you will have to get a UK VAT no!


#8

The 70k limit is for sales from other EU countries into the UK.

If you’re a UK resident only storing goods in the UK you’ll need to register for VAT when your sales exceed:

  • £85k in a rolling 12 month period (UK VAT)
  • The distance sales amount for any country you’re selling to (that particular country’s VAT). Each EU country has its own limit; some are very low and some are very high.

#9

Yes your are def right! Thx BarryM


closed #10

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