sausagekayake
Registered User
- Messages
- 7
Hi All,
My company is registered for VAT.
I will be selling online to customers all over the EU.
My supplier is also VAT registered.
When I purchase goods off my supplier he will not charge me VAT as I understand when trading in the EU if both parties are registered for VAT then no VAT is charged to me.
I do not take physical delivery of the product, my supplier ships directly to the customer for me all over the EU.
So when I sell the product online I understand that I need to add 23% VAT to my sale price. All of this 23% VAT goes to the revenue as I have no VAT of my purchase to off set.
My questions is, does it matter that I am selling in other countries, will the rate that I pay always be 23% to the "Irish revenue"?
Thanks.
My company is registered for VAT.
I will be selling online to customers all over the EU.
My supplier is also VAT registered.
When I purchase goods off my supplier he will not charge me VAT as I understand when trading in the EU if both parties are registered for VAT then no VAT is charged to me.
I do not take physical delivery of the product, my supplier ships directly to the customer for me all over the EU.
So when I sell the product online I understand that I need to add 23% VAT to my sale price. All of this 23% VAT goes to the revenue as I have no VAT of my purchase to off set.
My questions is, does it matter that I am selling in other countries, will the rate that I pay always be 23% to the "Irish revenue"?
Thanks.