Call for Assistance: 02033 259 341
Spondoo Accounting
Call for Assistance: 02033 259 341
Spondoo Accounting

Germany VAT Filing for UK and Non-EU Amazon Sellers

November 8, 2023

Simplifying VAT Compliance for UK and Non-EU Amazon Sellers in Germany

As a UK or non-EU seller using Amazon as your primary platform to reach European consumers, the world of Value Added Tax (VAT) filing can appear complex. The Online Marketplace (OMP) rules within the European Union dictate that Amazon should handle the collection and remittance of VAT on behalf of sellers in relevant European countries. However, your choices regarding inventory storage and fulfillment can lead to an unexpected requirement: filing domestic VAT returns in your business’s name, even when no VAT is due.

The German VAT Portal – A Vital Resource

To initiate your VAT filing process in Germany, please be sure to register with the Elster Portal, which can be accessed at Elster Portal.

This portal serves as your gateway to establish a connection with the German Tax Authorities and ensures that you are on the right track towards meeting your VAT obligations in Germany.

Navigating VAT Filing Deadlines in Germany:

Understanding the filing deadlines for German VAT is paramount for UK and non-EU sellers using Amazon. While all businesses are obligated to submit an annual summary VAT return due by the 31st of July following the reporting year, there are varying deadlines based on the reporting year itself. In the initial year of operation, businesses are typically obliged to file monthly VAT returns, with the option to transition to quarterly or annual filings provided their VAT liabilities remain below 7,500 EUROs or 1000 EUROs, respectively.

Monthly VAT returns must be filed and paid via your Elster Portal by the 10th of the subsequent month.

To provide clarity, here’s a concise overview of the filing and payment deadlines for monthly VAT returns:

  • January: 10th February
  • February: 10th March
  • March: 10th April
  • April: 10th May
  • May: 10th June
  • June: 10th July
  • July: 10th August
  • August: 10th September
  • September: 10th October
  • October: 10th November
  • November: 10th December
  • December: 10th January

Staying informed and well-prepared for these obligations is crucial to sustaining your business’s success and maintaining a seamless operation within the European market.

Simplify your VAT obligations and expand with confidence – reach out for expert guidance today!”

more tips

Can You Claim Food as a Business Expense?

The golden rule when claiming business expenses is that the cost must be “wholly and exclusively” for business purposes. So, where do you stand when it comes to food and drink? After all, everyone needs these things to survive. When does it become an allowable expense? Read on to find out when your business can claim food and drink as an expense.

Self-Employed National Insurance Class 2 and Class 4 Rates

If you are sixteen and over, self-employed (sole trader or in a partnership) and making a profit befitting the ‘small profits threshold’, you are liable to pay national insurance.

Key UK Personal Tax Year Dates & Deadlines 2021/2022

Are deadlines creeping up on you? Spondoo is here to ensure you keep on top of things and take control again. These are the important dates you should take note of.

How To Set Up A Limited Company 

A Step-by-Step Guide  This is an easy-to-understand, step-by-step guide, to opening a successful limited company. But before we dive in, let’s check the legality surrounding it. 

Accountants in Haslemere, Surrey

We are qualified accountants providing personal and professional services for start-ups, established companies and individuals in and around the Halsemere area in Surrey. With the rise in technology, we have embraced the digitisation of accounting using efficient digital accounting tools to offer reliable services to our customers. Our goal remains to get our clients the best accounting and taxation services at the most affordable rates.

Onsite Canteen and Lunch Vouchers - Are They Taxable?

The provision of food and drink to an employee by their employer is a lovely thing to do. Eventually, it promotes teamwork, loyalty, a sense of belonging and even improves productivity. Taking it at face value makes it look like a simple act of kindness. However, unless it is done correctly, it can cause tax and national insurance compliance issues for the employer.
1 2 3 40
Information provided on the site is merely guidance that may change in line with UK law and regulations. Users must not consider this to be financial advice or their sole resource when making any financial decision. Spondoo is a trading name for Accounting SQL Limited, authorised & license accounting firm under the Institute of Financial Accountants.
© Copyright 2023 - Spondoo - All Rights Reserved
How, can we help?
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram