Germany has many strict VAT rules that UK companies trading in Germany could readily overlook, leading to costly mistakes. This half-day course will help you understand everything you need to know about the complex German system of VAT.
The course will define the German VAT Territory and highlight the many factors that need considering when dealing with German companies. It explains when UK businesses need to register for VAT in Germany and guides you through the simplifications that are available to avoid registration. It will also examine the situations where a UK company would not charge its German customers output VAT, while identifying those elements of German input VAT that cannot be recovered.
Crucially, the course will consider in detail the German VAT treatments that are quite different to those of other countries and will illustrate what you need to do to be fully compliant when completing German VAT Returns, EC Sales Lists and Intrastat Returns. It also explains the purpose of annual summary returns, due date extension (dauerfristverlangerung) and rules to determine if you submit monthly or quarterly German VAT returns.
