VAT Guides

Accordance’s VAT consultants have produced a number of free online VAT guides and resources to help you understand international VAT compliance for your business.

VAT Recovery Guide

Europe’s cross-border VAT recovery process has been significantly – and beneficially – reformed over the last few years. Despite reform, companies in many sectors still have to negotiate confusing and risky terrain when applying for cross-border VAT refunds. The larger the claim, the more important accurate analysis becomes. Understanding the transaction is a prerequisite for effective VAT recovery.

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Electronic Invoicing VAT Guide

In 2013, the EU implemented a new directive which created a level playing field between paper and electronic invoicing. This directive may come into conflict with some of the different rules that certain member States already have in place, so your business must be aware and ready to make changes to its processes.

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VAT Reporting Guide

Where your business is registered for VAT, your business will need to ensure that it is complying with local VAT reporting obligations. VAT reporting rules vary between countries, so in order avoid fines and penalties being imposed for non-compliance, it is crucial that you are aware of the rules for each country in which you trade.

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VAT Registration Guide

To secure a VAT Registration, an application must be made directly to the country where you are required to register. Local tax authorities will often have questions and queries surrounding this process, so it is often necessary to have local language skills to ensure you are making the right decisions for your business.

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Shared Service Centres VAT Guide

It is vital that SSCs account for VAT correctly – failure to do so can lead to major fines and penalties, lost opportunities to recover VAT, poor cash-flow, the incorrect charging of VAT to customers, inaccurate information on ERP systems and disputes with tax authorities.

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ERP Coding VAT Guide

VAT codes are dynamic and can be affected by changes in legislation – it is crucial that businesses seek support to ensure they are up to date with legislative changes. An ongoing procedure should be established to manage new transactions or changes to VAT legislation.

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Customs Duty VAT Guide

Customs duty is payable on the importation of most goods from outside of the European Union. Unlike import VAT, customs duty is not recoverable so increases the cost of the goods being imported. It is therefore essential that companies importing goods proactively manage their customs duty liability in order to maximise their profitability.

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EU VAT Compliance & Savings Guide

With 28 EU Member States, each with their own VAT legislation to consider, it can be a time consuming and confusing task for international businesses to meet their VAT obligations. Most businesses are looking to identify savings opportunities and improve cash-flow but it is also important that businesses are VAT compliant to avoid risks of fines and penalties.

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EU Country VAT Profiles

Detailed VAT information on all of the 28 Member States in the EU. These country specific VAT information tables reflect each country's VAT requirements. These tables have been created as a guide to help you acquire the VAT information relevant to your business.

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