Non-resident importers to the UK

Non-established Taxable Person (NETP)

An international business that sell taxable goods or services in the UK is classed as a Non-Established Taxable Person (NETP) by HM Revenue & Customs (HMRC).

If you sell taxable goods here in the UK but your business is based overseas or you are a non-UK resident, you will be classed as a NETP. As such, you will need to register for VAT with HMRC.

How using a VAT agent will make your tax duties simpler

If your company does not have a physical base in the UK but trades here, the simplest way to deal with HMRC is to instruct a VAT agent to register and file your VAT returns on your behalf.

Many non-EU international importers to the UK will already be aware of the advantages of using a VAT agent, to act as their UK agent.

However, if your business is based in the EU, this may be the first time that you have needed to deal with such matters.

Our VAT experts provide a full VAT agency service. We will act as your company’s UK-based agent and liaise with HMRC directly on your behalf, ensuring that your filing dates are accurate and dealt with on time.

We offer a comprehensive service and can take care of:

• Import VAT
• Duty payments
• Consignments of value below £135
• Place of supply determinations

There are significant penalties for breaching VAT regulations and a VAT agent will ensure that you do not receive fines for late filing or other non-compliance matters.

VAT is a highly complex form of taxation which becomes even more complicated when handling cross-border transactions.

Find out more about our competitively priced VAT agent service. Get in touch with us now using the enquiry form below.

Meet our experts

Rebecca Brabrook

Email Rebecca Brabrook

The Senior team

• rebecca.brabrook@midsnell.co.uk

Rebecca Brabrook

Rebecca heads up our Management accounts department which includes our book-keeping services, management accounts preparation, VAT returns and related advice. She also has responsibility for our on-line accounting service, which is provided as part of our Management accounts section.

Rebecca has much experience in accounting for VAT across a broad range of businesses which supply both goods and services. For our Internationally connected clients, Rebecca is familiar with the cross- border VAT accounting needs requiring registration both here in the UK and abroad, the reverse charge procedures and the additional reporting in the form of Intrastat and EC Sales List (ECSL) forms.

Rebecca works closely with our clients providing them confidence that their accounting needs are met and to allow them to concentrate on what they are good at, namely running their businesses.

Outside of work, Rebecca enjoys travelling and making cupcakes for her family and friends and coming up with different ideas and flavours.

Email: Rebecca Brabrook