• If one is a sole trader and not an LTD company ie does not claim back VAT, what happens now with selling to the EU?
    You have to pay VAT on the goods you buy/materials for your goods and then not charge it to the customer so take a hit?

  • I think it’s the same as if you’re a non-VAT registered business.. ie you pay VAT when you buy your materials (which you cannot claim back), and then sell sell without charging any VAT. Unfortunately your EU customers will now pay duty and VAT (unless >60% of materials originated in the EU/UK).
    You’ll also have to fill out a CN22 customs declaration and supply Detailed sales invoices with HS codes. If you do it a lot you’ll need an EORI number...

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