MrWhite2018
Elite Member
- Jul 16, 2018
- 2,152
- 1,301
My client is based in the UK and I have heard that there is a 2021 change in UK VAT rules that will affect drop shipping. If he drop ships from China to UK he would have to register for VAT regardless of turnover & apply VAT at my point of sale. Ref article https://www.ecommerceaccountants.co.uk/post/dropshipping-vat-changes-1st-january-2021 "Outside EU (and UK) Suppliers to UK customers
UK VAT Position
Sales: From the 1st January 2021 you must collect/charge VAT on these transactions at POS.
Purchases: There will be no UK VAT to reclaim
When to Register
All businesses (including UK businesses) making these transactions must register from 1st January 2021"
UK VAT Position
Sales: From the 1st January 2021 you must collect/charge VAT on these transactions at POS.
Purchases: There will be no UK VAT to reclaim
When to Register
All businesses (including UK businesses) making these transactions must register from 1st January 2021"
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