Quote Dally="Dally"Their receipts will itemise and give applicable VAT rate(s).
You buy your inputs and reclaim the VAT, so neutral to you. WH Smith et al charge you VAT and pass it to HMRC (again neutral).
You charge VAT to your Irish customer and the VAT gets paid to Ireland, so again neutral to you (provided you can commercially increase your prices by 23%) and to UK. In the chain just your customer pays the VAT. As a net importing country we should gain (assuming that we also 'import' more of this type of service than we 'export' - perhaps unlikely).'"
Not quite, the only one who wins is me, my nett retail prices don't increase but my raw material prices decrease for there is no opportunity for my suppliers (being national retailers) to charge me more than an ordinary member of the public, their prices already include VAT but you are not currently shown this element - thats a 20% discount that I shall get in future.
Because my work is unique then I will simply add the output VAT at the country of delivery's rate, that VAT is handled by the MOSS system, and the UK does not see that money, I claim my input VAT from the UK government so on that single transaction they owe me a credit.
Its true that in order to do this I will have to register and declare UK sales too so in the grand scheme of things they won't be sending me a cheque but at the end of a quarter I will be reclaiming a lot more VAT then I would normally have done which will adjust my liability downwards.
End result is that the consumer pays a lot more than they should for the lack of continuing the status quo as it stands now, potentially this will apply to every EU transaction on eBay too.
And here's me thinking I'd rid myself of all this VAT cr@p when I sold the previous business.
