Liam White, Author at VAT Digital

VAT Reclaim by the Thirteenth Directive

by Liam White | Aug 17, 2023 | EU VAT

The use of the EU Directive 86/560/EEC, commonly referred to as the thirteenth directive, allows for companies based outside of the EU that are not registered for VAT in a certain EU country, to be able to recover VAT paid. In order to qualify to reclaim thorough the...

Date Change for French Mandatory E-invoicing Roll Out

by Liam White | Aug 14, 2023 | EU VAT, France

Following the proposed reforms of Vat in the Digital Age (ViDA), the French authorities have responded to concerns raised by businesses and software companies about the proposed time line of July 2024. This follows Germany’s delay, moving their date to 2026, which...

EU VAT – The Reverse Charge Mechanism

by Liam White | Aug 10, 2023 | EU VAT

What is Reverse Charge, and how does it work? The reverse charge mechanism is a reason why an invoice may not include VAT on a sale or purchase between two businesses, providing they both have VAT numbers. As a rule, this mechanism allows for the supplier to not...

EU VAT – The Triangulation Simplification

by Liam White | Aug 1, 2023 | EU VAT

What is Triangulation: By using the simplification method of triangulation, it eases the transaction of sending goods between three companies based in three member states. The transaction consists of two layers; the invoice flow, and flow of goods. The invoice flow...

Understanding International Incoterms

by Liam White | Jul 26, 2023 | EU VAT

International Commercial Terms – or Incoterms for short – are standard around the world, and were published by the International Chamber of Commerce (ICC) in order to prevent confusion during trades when setting out the obligations of buyers and sellers globally. A...