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Exception to the VAT rule
Key points
- Where services are provided by a UK business to a company abroad where is VAT due and who has to account for this?
- The key step in determining where VAT obligations lie is to identify the ‘place of supply’.
- The general rule for determining the place of supply depends on whether the supply is B2B or B2C.
- There are a number of exceptions to the general rule which have to be considered on a case-by-case basis.
- In summary it is important to identify what is being supplied who it is being supplied by and who it is being supplied to.
In an increasingly global world it is very common for businesses to make supplies of services to customers outside the UK as well as buy in services from overseas suppliers.
Let’s take a common example to start a UK business providing marketing services to...
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