VAT post Brexit

[cb2912]

I run a single person firm providing telecommunications standards and intellectual property consulting services to business clients in Europe and the US. I have just registered for VAT based on my UK/EU turnover so expect to charge VAT for services supplied to UK and EU clients after the registration date. I have two questions about what to do when the Brexit transition period ends:

1. What should I do with respect VAT when to billing EU clients?
2. Will income from EU clients still count towards my VAT threshold?

I haven’t been able to find any clear information on this from HMRC as they seem to categorize businesses as supplying either physical goods or digital services, neither of which appears to apply to my firm. Thanks for any advice you can give.

[VAT-adviser]

this link might help you – https://www.vatforum.co.uk/post/vat-on-services-to-eu-and-outside-eu-10143680?pid=1308610426

yes all taxable income counts towards your VAT threshold ie includes any zero-rated items – only exclude VAT-exempt sales, and goods or services.

[Author]

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