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Conduct a vat check of your respective supplier before finalizing your transaction


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If you’re a vat registered trader in the UK or perhaps some other member EU country that has embraced vat you will want to conduct a vat check of the supplier before finalizing your transaction, especially if you intend to import goods or services into your country. It is really quite simple to conduct a vat number check vatcontrol.com/vat over the internet before you decide to spend your hard-earned money.

VAT or value added tax is a system of taxing products or services that is followed in several countries across the globe including most eu countries. If you are a trader in the United Kingdom that is importing goods or services from other eu countries where vat was already paid in the country of origin then you can apply for a vat refund. This may allow you to reclaim vat paid earlier in order to avoid double-taxation. However, it is important that you simply buy your goods originating from a vat registered trader or exporter in another country so the chain of vat continues when the goods or services are imported into the UK.

However, there just might be a chance that an unregistered vat trader might attempt to dupe you of your savings by charging you vat even while offering you a fake or expired vat number on the vat invoice. In such a case, you may not be able to reclaim any vat on that transaction, which inturn will raise the costs and deny you your rightful refund. It is thus vitally important to conduct a vat check that usually takes only a few minutes when you log on to the official European Commission or EUROPA website that allows you to conduct a vat registration check and validate if your supplier has indeed given you an authentic vat number.

All that you should do is log on to the EUROPA website ec.europa.eu directly or visit the hmrc vat department website and check the page provided at the site. All you have to do is to pick the eu country of the supplier, enter the vat number of your proposed supplier, choose your country code, and type in your own vat number. You will now need to click on verify, upon which the verification software will inform you if the vat number is valid.

Whenever possible, you need to print the validation screen as evidence of having conducted the check at a particular date and time. If the registration number is not valid then you can inform your supplier since there could be many reasons for such a response, including a genuine mistake in providing you with the vat number to willful wrongdoing on your supplier?s part. You should remember that ultimately it is your business which will suffer if you don’t conduct a vat number check.

Performing a vat registration number check is very important if you are planning to purchase goods or services from vat registered traders in a foreign country that also adheres to the system of vat. The exact checking process hardly takes more than a few seconds and conducting a vat check will certainly save your business a lot of money and pain in case the supplied vat number ends up being incorrect.