VAT Structuring

Though VAT is not intended to be a burden on businesses, complex regulations, and differing VAT rules in individual Member States, can create significant commercial issues for companies trading cross-border.

Accordance’s VAT structuring guidance ensures that the VAT implications of your business’s trading framework are fully understood: and where possible, optimised from a VAT perspective.

A business should always determine its trading structure with reference to its overall commercial goals. Nonetheless, it will need to understand the VAT implications of this structure; and where possible, it should seek to minimise the VAT requirements created.

For example, vastly different VAT consequences may follow from two ways in which a particular transaction can be carried out. The business should therefore consider the VAT implications when determining which option to choose – VAT is clearly only one of the factors that needs to be considered but is increasingly important as tax authorities can impose significant penalties if you do not meet your obligations.

There can also be serious implications on a business’s customers if a supply chain is not VAT optimised. This may result in them choosing a different supplier in the future who has considered the wider VAT implications of their supply chain.

Accordance’s team of Senior VAT Consultants are on hand to advise on the VAT implications of your supply chain and work with the business to consider alternatives. They regularly help our clients to apply efficient processes to their supply chains, utilising their knowledge of the EU’s VAT rules.

If you would also like to benefit from this expertise, please let us know and we would be happy to arrange an introductory call.