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> He might be their end-user (either business or customer) in which case he won't get 20% VAT back. My understanding, dealing with VAT/GST in another country,
by jemmyw 9mo ago
> He might be their end-user (either business or customer) in which case he won't get 20% VAT back.
My understanding, dealing with VAT/GST in another country, is that a business customer still gets the VAT back even if they're the end user. If my company (which comprises of 1 person) buys paperclips, or a laptop or whatever for business use, I claim the VAT back. It's only the consumer who pays VAT. If I want to transfer an asset from my business to myself then I have to pay the VAT.
- holowoodman 9mo agoYes, what I told is a slight simplification. Since any company is usually not an end user and does something with its inventory that will sell to some end user, you can always get your VAT back. The way this works is that you as a company just never pay any VAT in the first place if you have a special VAT tax ID that you have to apply for and give to all your business partners. But that usually only works when not exporting or importing.