New import business
- or -
Post a project like this781
£55(approx. $69)
- Posted:
- Proposals: 5
- Remote
- #3510668
- Awarded
Description
Experience Level: Entry
I need advice on my new import business. We will be importing effervescent hydration and recovery tablets for use within the sports industry. We will be UK distributors and receive the goods wholesale from a warehouse in Germany. The supplier company is a registered company in Hong Kong with a fulfilment centre in Germany. I need advice on the relevant tax charges so we can accurately price the products for sale in the UK. More precisely what I need to account for in terms of supplier VAT charges, import VAT when entering the UK, custom duties etc and then how this would be structured on our VAT returns. For example would the input VAT charged by the supplier and the import VAT when entering the UK be counted against the output VAT charged to UK customers. Or is there a more cost efficient method that I am missing.
Robert H.
100% (2)Projects Completed
1
Freelancers worked with
1
Projects awarded
33%
Last project
8 Jun 2022
United Kingdom
New Proposal
Login to your account and send a proposal now to get this project.
Log inClarification Board Ask a Question
-
There are no clarification messages.
We collect cookies to enable the proper functioning and security of our website, and to enhance your experience. By clicking on 'Accept All Cookies', you consent to the use of these cookies. You can change your 'Cookies Settings' at any time. For more information, please read ourCookie Policy
Cookie Settings
Accept All Cookies