When it comes to the British tax rebate, we should first clarify a concept. What is the tax rebate?

Sell the tax refund that sells commonly friends understand in short, it is UK internal revenue service returns tax money to sell, so how to realize tax refund, still have a lot of door actually and the pit that you do not know.

First of all, the behavior that the tax bureau gives tax refunds to enterprises (sellers) is called penalty, the tax bureau has a special department to manage this behavior, called repayment department，The daily work of this department is to be responsible for reviewing whether the tax that the tax bureau needs to refund to the seller's account meets the standards, and every tax refund must go through this department For several months To enter the refund process.

But because of the number of tax codes registered to domestic and offshore companies in the UK, repayment department Work under tremendous pressure, So the department will take Spot check The form of the tax refund Verification of authenticity, The customer who is inspected is required to provide information related to the tax refund and sales to the tax bureau if the tax bureau considers the customer's Tax refund is not standard, not only can not get tax refund, there may be a fine.

真实案例（税局问询）

First, after the tax reform, the B2C orders of FBA/ overseas warehouse have no VAT to declare (all of which are withheld and paid by the platform), but there are return orders that have reported sales in the previous season.

➡Declaration plan: The tax bureau allows the previous quarter Return order with tax paid Make a return adjustment, which is allowed regardless of whether the seller is using the flat rate or the standard rate.

Second, after the tax reform, there is a need to deduct input tax

➡Declaration plan: in-use only Standard rate Flat tax rate will not allow this operation. You can submit the C88 and input invoice that need to be deducted to the accountant for input accounting.

1、If the deductible C88（import VAT）Requirement: Your forwarder is required to use your VAT and EORI for customs clearance. After the customs clearance is completed, the tax agent will receive the C79 document in the middle and second half of the next month. The import VAT amount of the C79 document will correspond to the import VAT of each batch of goods in the C88 document of the same month provided by the agent. As a Compliance deduction documents.

2、if Input the invoice For the deduction, it is necessary to provide the compliant UK VAT invoice, which requires the deduction invoice The seller has complied with the declaration, And the buying and selling was done in In the UK.

HMRC对发票的要求

If your deduction documents are true and compliant, then you can enter the refund process ~ this is the most concerned content of sellers. Similarly, there are two refund methods and procedures:

1、Check refund

If you are an offshore company and do not have bank information attached to your VAT account, the TAX bureau will send a refund check to your tax agent's address, The check must arrive A commercial account with a bank Let's do the exchange.

The way foreign banks currently exchange IRS checks More difficult, We are not aware of any successful overseas exchange cases, so if the tax bureau writes you a check, you can only use the check for future tax payments, you can ask the tax agent to send it back to the tax bureau.

2、Refund to the account

Offshore company is required to bind one in your VAT account A bank account in the UK, And the account to Corresponds to your company name,You can receive a bank transfer from the tax bureau. At present, there are third-party payment platforms that can provide such binding, and some of our customers have successfully received more than 1000 pounds of tax refund every month, which is very stable.（Specific can be consulted at the end of the small series）

Amb recommends the seller to use this method, which requires the C88 document/input invoice and the information of the pound bank account to be provided together with us during the declaration period.

退税银行账号信息

The following is the payment record of the Tax bureau:

• The first column is the date of payment
• The second section is the filing period
• The third column is the method of payment - bank transfer
• The fourth column is the amount of payment