VAT turnover, when exporting ?

[gbcv]

If a UK company has an item located in the UK and sells it to another company based in another country (could be EU, could be other) and the importer of such item, pays the VAT in their respective country, does the sale of such item by the UK company count towards the UK companies UK VAT turn over.

I understand that there is a difference between 0% rated VAT sales, and VAT exempt sales, when it comes to UK VAT turn over but wonder were the above falls.

 

[Deleted member 351022]

When exporting it is zero rated for VAT rather than exempt.

 

[japancool]

When exporting it is zero rated for VAT rather than exempt.

Isn't it outside the scope of UK VAT?

 

[DontAsk]

You have turnover, not "VAT turnover".

Exports count towards your turnover.

 

[Deleted member 351022]

Isn't it outside the scope of UK VAT?

No it’s definitely zero rated on export.

 

[Deleted member 351022]

No it’s definitely zero rated on export.

According to. HMRC : “If you sell, send or transfer goods out of the UK you do not normally need to charge VAT on them. You can zero rate most exports from:

• Great Britain to any destination outside the UK”

 

[lesvatadvice]

Exports of goods are counted towards the turnover for VAT registration purposes.