If you’re a vat registered trader in the UK or perhaps some other member EU country that has embraced vat then you need to conduct a vat check of your supplier before finalizing your transaction, especially if you intend to import services or goods to your country. It is really quite simple to conduct a vat number check over the internet before you part with your hard-earned money.
VAT or value added tax is a system of taxing goods and services that’s followed in several countries across the globe including most eu countries. If you are a trader in the United Kingdom that may be importing goods or services from other eu countries where vat was already paid in the country of origin then you can www.vatcheck.com make application for a vat refund. This may allow you to reclaim vat paid earlier so as to avoid double-taxation. However, it is important that you buy your goods from a vat registered trader or exporter in another country so the chain of vat continues when the goods or services are imported to the UK.
However, there just might be a possibility that an unregistered vat trader might attempt to dupe you of your savings by charging you vat even while providing you with a fake or expired vat number on the vat invoice. In such a case, you may not have the ability to reclaim any vat on that transaction, which in turn will raise the costs and deny you your rightful refund. It is thus vitally important to conduct a vat check that typically takes a short time whenever you get on the official European Commission or EUROPA website that allows you to conduct a vat registration check and validate if your supplier has indeed given you a genuine vat number.
All that you should do is log on to the EUROPA website ec.europa.eu directly or visit the hmrc vat department website and check the page provided at the site. All you need to do is always to pick the eu country of the supplier, type in the vat number of your proposed supplier, choose your own country code, and type in your own personal vat number. You may now need to click on verify, upon which the verification software will inform you if your vat number is valid.
If possible, you should try to print the validation screen as evidence of having conducted the check at the particular date and time. If the registration number isn’t valid you’ll be able to inform your supplier since there could be a lot of reasons for such a response, including an authentic mistake in supplying you with the vat number to willful wrongdoing on the supplier?s part. You should remember that ultimately it is your business that will suffer if you don’t conduct a vat number check.
Performing a vat registration number check is extremely important if you plan to purchase goods or services from vat registered traders in a foreign country that also follow the system of vat. The actual checking process hardly takes more than a few seconds and conducting a vat check will definitely save your valuable business lots of money and pain in case the supplied vat number turns out to be incorrect.