VAT reviews ― international transactions

Produced by a Tolley Value Added Tax expert

Value Added Tax

Guidance

This guidance note is intended to provide an overview of the areas that should be considered as part of a VAT review when a business operates internationally. This document should be used in conjunction with the VAT review checklist Checklist ― VAT review when undertaking a review to seek to ensure all the relevant items have been covered.

Whilst this guidance and associated checklist have been prepared to seek to cover the common issues and risks which might arise, care should be taken to ensure that any specific business or sector issues are considered as part of a comprehensive review.

International transactions ― overview

For a business that deals in international transactions, there are a number of additional rules and requirements which must be adhered to when compared to a business that only operates in the UK. Therefore, a VAT review for a business that operates internationally will need to ensure that these additional requirements have been properly considered.

International transactions ― purchases of goods

When a business purchases goods from outside the

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