Ruta Svo

I am writing to seek clarification regarding VAT obligations for a company that raised funds through the Kickstarter platform in 2019 to execute a project. The total amount raised was approximately £90,000, under a reward-based model, where donors who contributed a certain amount were entitled to receive a product (board games) upon project completion. The project was completed this year (2024), and the board games were shipped to UK donors in 2024. The company became VAT-registered in the UK at the beginning of 2024. 1. Should the date of supply for VAT purposes be considered as 2019, when the funds were collected (similar to the Lunar case), or 2024, when the board games were shipped to donors? 2. If the supply date is deemed to be 2019, how should the company account for and pay VAT retrospectively, given that it was only registered as a VAT payer in 2024? We aim to ensure full compliance with UK VAT regulations and would greatly appreciate your guidance on how to address this situation appropriately. Please let us know if any additional information is required to assist in your assessment. Thank you for your assistance, and I look forward to your response.

We are selling a detox tea blend, which includes ingredients such as Sencha Green Tea, Nettle Leaf, Oolong Tea, Dandelion Leaf, Goji Berry, Yerba Mate, Lemongrass, Milk Thistle, Guarana, Peach Flavouring, Citric Acid, Stevia Leaf Extract, and Matcha Green Tea. This tea blend is in its loose-leaf form for brewing (not a ready-to-drink beverage). Does it fall under the category of herbal teas and similar products as zero rated VAT?

We would like to add that the Dutch company is not registered in the UK, has no employees there and all amounts paid are to persons not related to the company. Those individuals are not engaged in any individual intermediary activities; they simply receive compensation from our company for meeting certain conditions. This could potentially be treated as a prize. The main question we have is whether the individual receiving the bonus is responsible for paying the tax themselves (probably income tax), or if our company needs to complete any forms and withhold taxes on behalf of the individual.

Hello, If a company is a VAT-registered business established in the Netherlands and pays referral fees to individuals in the UK, we would like to confirm whether the company is required to withhold and declare taxes on these referral payments made to individuals or entities within the United Kingdom. Additionally, are there any tax liabilities arising from these referral payments?

Hello, I have a question regarding the VAT treatment of NFT sales. If a company based in the EU sells NFTs to both B2B and B2C customers in the UK, are these sales subject to VAT? Are there any exemptions applicable in this context? Additionally, is VAT registration required for such sales? As I understand, the UK classifies the sale of NFTs as a taxable supply of digital services. Thank you for your insights!

Thank you for the clarification. And would it change the situation if the video filmed in UK, would be displayed only in UK territory (video ads)

Dear all, our company is EU-based (VAT registered in the country of establishment). The supplier based in UK (UK VAT registered) has issued invoice for video making (fillming promotional video) with UK VAT. Please advise if this is correct approach from UK VAT perspective. Shouldn't it be that place of supply of this type of service is where the customer is (Europe). Thank you.