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Conduct a vat check of your supplier before finalizing your transaction


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If you’re a vat registered trader in the United Kingdom or perhaps any 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 into your country. It is actually quite simple to conduct a vat number check on the internet before you spend your hard-earned money.

VAT or value added tax is really a system of taxing goods and services that’s followed in several countries around the world including most eu countries. If you are a trader in the UK that is importing goods or services from other eu countries where vat has already been 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 necessary that you simply buy your goods from a vat registered trader or exporter overseas so the chain of vat continues when the services or goods are imported to the UK.

However, there may be a possibility that an unregistered vat trader might try to dupe you of your savings by charging you vat whilst providing you with a fake or expired vat number on the vat invoice. When this happens, you may not be able to reclaim any vat on that transaction, which inturn will raise the costs and deny you your rightful refund. It is actually thus very important to conduct a vat check that typically takes only a few minutes whenever you log on to the official European Commission or EUROPA website that allows you to conduct a vat registration check and validate if the 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 follow the link provided at the site. All you have to do is to pick the eu country of your supplier, type in the vat number of your proposed supplier, choose your own country code, and enter your own personal vat number. You will now need to click on verify, upon which the verification software will inform you if your vat number is valid.

If possible, you need to print the validation screen as evidence of having conducted the check at the particular date and time. If the registration number is not valid then you can tell your supplier since there may be a lot of reasons for this kind of response, including a genuine mistake in supplying you with the vat number to willful wrongdoing on the supplier?s part. You sould never forget that ultimately it is your business that will suffer if you fail to conduct a vat number check.

Conducting a vat registration number check is extremely important if you plan to buy services or goods from vat registered traders in a foreign country which adheres to the system of vat. The actual checking process hardly takes more than a few seconds and conducting a vat check will certainly save your business lots of money and pain should the supplied vat number ends up being incorrect.