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Online Sellers Budget 2016 VAT

By April 6, 2016December 19th, 2017VAT news

We understand that a large online selling platform has written to a number of retailers/traders and their agents requesting confirmation of their VAT number. It is likely that this is in response to the measures announced in the 2016 Budget to counter VAT avoidance and evasion that may have taken place through large online platforms. The measures would potentially make the online platforms jointly and severally liable for any VAT that should have been accounted for on the sale of products.

Should you or your clients receive any correspondence from online platforms regarding VAT registration and you are unsure how to deal with the request and/or need assistance with VAT registration please contact us on +44(0)VAT registration1962 735 350.