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Conduct a vat check of your respective supplier before finalizing your transaction


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If you’re a vat registered trader in the United Kingdom or even in some other member EU country which 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 UK that may be importing goods or services from other eu countries where vat has already been paid in the nation of origin then you can make application for a vat refund. This will allow you to reclaim vat paid earlier so as to avoid double-taxation. However, it is important that you purchase your goods originating from a vat registered trader or exporter in another country so that the chain of vat continues when the goods or services are imported to the UK.

However, there may be a possibility that an unregistered vat trader might attempt to dupe you of your savings by charging you vat whilst offering you a fake or expired vat number on the vat invoice. In such a case, you might not vatcheck 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 very important to conduct a vat check that typically takes only a few minutes when you log on to the official European Commission or EUROPA website that permits you to conduct a vat registration check and validate if your supplier has indeed given you an authentic 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 follow the link provided at the website. All you need to do is to pick the eu country of the supplier, enter the vat number of your proposed supplier, choose your country code, and type in your own vat number. You will now have to click on verify, upon which the verification software will inform you if the 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. In the event the registration number is not valid you’ll be able to inform your supplier since there may 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 sould never forget that ultimately it’s your business that will suffer if you fail to conduct a vat number check.

Performing a vat registration number check is extremely important if you plan to buy services or goods from vat registered traders in another country that also adheres to the system of vat. The actual checking process hardly takes more than a few seconds and performing a vat check will certainly save your valuable business a lot of money and pain should the supplied vat number turns out to be incorrect.