If you are a vat registered trader in the United Kingdom or even in some other member EU country that has embraced vat then you need to conduct a vat check of the supplier before finalizing your transaction, particularly if you intend to import services or goods into your country. It is really fairly simple to conduct a vat number check vatcontrol.com/vat over the internet before you decide to part with your hard-earned money.
VAT or value added tax is a system of taxing products or services that’s followed in a number of countries across the globe including most eu countries. If you’re a trader in the United Kingdom that may be importing goods or services from other eu countries where vat has already been paid in the nation of origin then you can make application for a vat refund. This may allow you to reclaim vat paid earlier so as to avoid double-taxation. However, it is important that you simply buy your goods from a vat registered trader or exporter in another country so that the chain of vat continues when the services or goods are imported to the UK.
However, there just might be a possibility that an unregistered vat trader might attempt to dupe you of your savings by charging you vat even while providing you with a fake or expired vat number on the vat invoice. When this happens, you might not be able to reclaim any vat on that transaction, which in turn will raise the costs and deny you your rightful refund. It is actually thus very important to conduct a vat check that usually takes a short time when you log on to the official European Commission or EUROPA website that permits you to conduct a vat registration check and validate if your supplier has indeed given you a genuine vat number.
All you need to do is log on to the EUROPA website ec.europa.eu directly or visit the hmrc vat department website and check the page provided at the website. All you have to do is to choose the eu country of the supplier, enter the vat number of your proposed supplier, choose your country code, and enter your own personal vat number. You will now have to click on verify, upon which the verification software will inform you if the vat number is valid.
If possible, you should try to print the validation screen as evidence of having conducted the check at a particular date and time. If the registration number is not valid you’ll be able to tell your supplier since there could be a lot of reasons for such a response, ranging from a genuine mistake in providing you with the vat number to willful wrongdoing on your supplier?s part. You sould never forget that ultimately it’s your business that will suffer if you fail to conduct a vat number check.
Performing a vat registration number check is extremely important if you are planning to purchase goods or services from vat registered traders in a foreign country which follow the system of vat. The actual checking process hardly takes more than a few seconds and conducting a vat check will definitely save your business a lot of money and pain in case the supplied vat number turns out to be incorrect.