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How Brexit affects EU VAT for UK Fiverr sellers post 2020

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  • How Brexit affects EU VAT for UK Fiverr sellers post 2020

    Hi,

    This is a post to help clarify some of the issues regarding EU VAT for Fiverr sellers from the UK.

    Full disclosure, I am not an accountant, or a British government public servant, employed by Fiverr or in anyway qualified to give legal or financial advice. I’m just a freelance animator based in the UK who happens to have some insight on the above matter.

    So for those who are not based in the UK, this post may not be of any use to you but for those who are, hopefully you’ll find some clarity on the matter at hand.

    Even though the UK has left the European Union, this issue of EU VAT is still a matter that needs to be addressed for all British businesses trading with the EU.

    EU VAT is a very complex arena but the scope of this post pertains primarily to the sale of digital services to consumers based in the EU from sellers based in the UK.

    In a nutshell, sellers based in the UK using the digital platform Fiverr will not have to worry about EU VAT since they are absolved of responsibility as long as any provisions of their digital service (creating logos, graphic design, etc) to a consumer buyer based in the EU was done through Fiverr.

    Any EU VAT will need to be accounted for and paid by Fiverr to the respective EU member state. As a digital platform they are responsible for complying due to the following reasons:
    1. Fiverr is a “Digital Platform”.
    2. Fiverr set the Terms and Conditions for their digital platform.
    3. Fiverr authorises all payments on their digital platform.
    4. Fiverr handles the downloads to buyers who utilise the Fiverr digital platform.

    All these conditions are what is used to determine who is responsible for paying EU VAT from a British perspective.

  • #2
    Hey there! I can understand how searching for VAT numbers and registration numbers lists of EU companies can be important for various reasons.

    Comment


    • #3
      It's important to note that accessing such lists can be restricted due to privacy laws and regulations.

      Speaking of VAT, have you ever wondered how to calculate VAT? Generally, it involves multiplying the total value of goods or services by the VAT rate. Of course, each country has its own VAT system, so the exact calculation may differ. Let me know if you have any questions or if there's anything else I can help you with!

      Comment


      • #4
        Originally posted by Grandfit View Post
        Hi,

        This is a post to help clarify some of the issues regarding EU VAT for Fiverr sellers from the UK.

        Full disclosure, I am not an accountant, or a British government public servant, employed by Fiverr or in anyway qualified to give legal or financial advice. I’m just a freelance animator based in the UK who happens to have some insight on the above matter.

        So for those who are not based in the UK, this post may not be of any use to you but for those who are, hopefully you’ll find some clarity on the matter at hand.

        Even though the UK has left the European Union, this issue of EU VAT is still a matter that needs to be addressed for all British businesses trading with the EU.

        EU VAT is a very complex arena but the scope of this post pertains primarily to the sale of digital services to consumers based in the EU from sellers based in the UK.

        In a nutshell, sellers based in the UK using the digital platform Fiverr will not have to worry about EU VAT since they are absolved of responsibility as long as any provisions of their digital service how to calculate vat south africa (creating logos, graphic design, etc) to a consumer buyer based in the EU was done through Fiverr.

        Any EU VAT will need to be accounted for and paid by Fiverr to the respective EU member state. As a digital platform they are responsible for complying due to the following reasons:
        1. Fiverr is a “Digital Platform”.
        2. Fiverr set the Terms and Conditions for their digital platform.
        3. Fiverr authorises all payments on their digital platform.
        4. Fiverr handles the downloads to buyers who utilise the Fiverr digital platform.

        All these conditions are what is used to determine who is responsible for paying EU VAT from a British perspective.
        Hello. EU VAT for Fiverr sellers in the UK is handled by Fiverr itself. Sellers are not responsible for EU VAT when providing digital services to EU consumers through Fiverr. Fiverr takes care of VAT accounting and payments to the respective EU member states, as it is considered a digital platform and holds responsibility for transactions, payments, and downloads.
        Last edited by roxob; 03-03-2024, 05:34 AM.

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