Warning: Illegal string offset 'box_blank' in /home/myunixho/public_html/getaddspypro.com/wp-content/plugins/seo-smart-links-business/seo-smart-links-business.php on line 634

Conduct a vat check of your supplier before finalizing your transaction


Warning: Illegal string offset 'box_blank' in /home/myunixho/public_html/getaddspypro.com/wp-content/plugins/seo-smart-links-business/seo-smart-links-business.php on line 634

If you’re a vat registered trader in the United Kingdom or even in any other member EU country that has embraced vat then you need to conduct a vat check of the supplier before finalizing your transaction, especially if you intend to import goods or services to your country. It is actually quite simple to conduct a vat number check over the internet before you decide to part with your hard-earned money.

VAT or value added tax is really a system of taxing goods and services that is followed in several countries around the world including most eu countries. If you’re a trader in the United Kingdom that is importing services or goods from other eu countries where vat was already paid in the nation of origin then you can make application for a vat refund. This will permit you to reclaim vat paid earlier so as to avoid double-taxation. However, it is necessary that you simply buy your goods originating from a vat registered trader or exporter in another country so that the chain of vat continues when the services or goods are imported to the UK.

However, there just might be a possibility that an unregistered vat trader might try to dupe you of your savings by charging you vat whilst offering you a fake or expired vat number on the vat invoice. In such a case, you may not www.vatcheck.com have the ability to reclaim any vat on that transaction, which in turn will raise the costs and deny you your rightful refund. It is thus very important to conduct a vat check that typically takes only a few minutes when you log on to the official European Commission or EUROPA website that permits you to conduct a vat registration check and validate if your supplier has indeed provided you with an authentic vat number.

All you need to 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 website. All you have to do is always to pick the eu country of the supplier, enter the vat number of your proposed supplier, choose your own country code, and enter your own personal vat number. You will now have to click on verify, upon which the verification software will inform you if your vat number is valid.

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

Conducting a vat registration number check is extremely important if you are planning to purchase services or goods from vat registered traders in a foreign country which 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 valuable business a lot of money and pain should the supplied vat number turns out to be incorrect.