Category Archives: United Kingdom

Verify the VAT number of an EU business partner

Launch of on-line service to validate VAT identification numbers The Commission on 14 June 2002 launched an online service to enable businesses across Europe to check the validity of their customers’ VAT identification numbers on the Internet.  The online service gives businesses access to certain parts of the system of electronic information exchange used between… Read More »

How VAT Works

VAT rules can be very complicated and differ from country. Below is an illustration of the VAT and money flow in the simplest of transsactions. Sample Germany A German company (A) purchases and sells computer products from and to German companies. Below is a description how the VAT tax works for this company (A): Purchase… Read More »