Online marketplaces ― sales of goods outside the UK at the point of sale

Produced by a Tolley Value Added Tax expert

Value Added Tax

Guidance

This guidance note looks at the VAT obligations arising when goods located outside the UK at the point of sale are sold via an online marketplace (OMP) and imported into the UK.

For an overview of the provisions relating to the sale of goods via an OMP, including the definition of an OMP, see the Online marketplaces ― overview guidance note. For sales of goods facilitated via an OMP when the goods are already in the UK at the point of sale, see the Online marketplaces ― sales of goods in the UK at the point of sale guidance note.

In-depth commentary on the legislation can be found in De Voil Indirect Tax Service V3.268.

Background

OMPs become ‘deemed suppliers’ and VAT collectors when they facilitate certain transactions for third-party sellers. When goods which are subsequently imported into the UK are outside the UK at the point of sale, the application of the deemed supply rules depends on the value of the goods, specifically

Access this article and thousands of others like it
free for 7 days with a trial of Tolley+™ Guidance.

TAKE A FREE TRIAL

Popular Articles

Trusts and Inheritance Tax

Spouse exemption from inheritance tax

Spouse exemption from inheritance taxArguably, the most important inheritance tax exemption is the spouse exemption from inheritance tax.There is no IHT to pay on gifts from husband to wife and vice versa, or from one civil partner to the other (referred to collectively in this note as ‘spouses’).

14 Jul 2020 13:56 | Produced by Tolley in association with Emma Haley at Boodle Hatfield LLP Read more

Corporation Tax

Research and development expenditure credit (RDEC)

Research and development expenditure credit (RDEC)This guidance note provides information on how research and development expenditure credits (RDEC) are calculated and utilised. The Qualifying expenditure for R&D tax relief guidance note provides information on what expenditure qualifies for

14 Jul 2020 13:24 | Produced by Tolley in association with Will Sweeney Read more

Trusts and Inheritance Tax

Bare trusts ― income tax and CGT

Bare trusts ― income tax and CGTThis guidance note explains how trustees of bare trusts are treated for income tax and capital gains purposes. Although a bare trust is, in equity, a type of trust, for both income tax and capital gains tax purposes its existence is transparent. This means that no tax

14 Jul 2020 15:34 | Produced by Tolley Read more

UU��ֱ��