It’s a constant question for many financial directors over how best to manage VAT compliance for your business. The “VAT compliance” function of a business is the most important tax process for many companies. Especially for businesses who have a presence or trade in multiple
Businesses who provide goods or services in a foreign jurisdiction with a VAT regime must comply with the relevant VAT laws of that country. There are several cases where it will be a legal obligation for a company to register for VAT in the country
Local businesses – defined as having an established entity in a country – must register for VAT if they breach the revenue threshold prescribed by the local tax authorities. This means that most businesses in a VAT regime will immediately (or eventually) need to be
Acquiring a company VAT number in New Zealand entails registering for domestic GST. With it’s close proximity to Australia and South East Asia, New Zealand is fast becoming a favourable destination for international business.
If your business has a VAT registration or operations in Spain, then you’ll probably already know how important (and cumbersome) the SII filing system is to understand. If you’re about venture into Spain and need to register for VAT, then the below information provides a foundation of understanding SII.
When it comes to tax compliance, especially if you are an internationally operating company, it is important to make sure you are following the right steps in order to submit your VAT returns correctly each time.
In the event that the UK leaves the EU with no withdrawal agreement in place on 29 March 2019, goods arriving from other EU member states will be treated as imports from this date.