On September 16, 2016 the UK HM Revenue & Customs (HMRC) published a guidance titled: “VAT: overseas businesses using an online marketplace to sell goods in the UK”. According to the guidance overseas online retailers must pay UK VAT on items they sell which are stored within the UK at the point of sale. The marketplaces they use can be held liable for the online sellers’ VAT.

The guidance touches a.o. on the following topics:

·   What is an overseas seller

·   What is an online marketplace

·   VAT registration

·   VAT requirements

·   Failure to meet VAT requirements

·   Appeals

Click here to be forwarded to the HMRC’s Guidance titled: “VAT: overseas businesses using an online marketplace to sell goods in the UK” as available on GOV.UK, which will open in a new window.

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