Invoicing EU with new Brexit deal
Аўтар тэмы: Joanne Maddocks
Joanne Maddocks
Joanne Maddocks  Identity Verified
Вялікабрытанія
Local time: 21:37
іспанская → англійская
+ ...
Dec 29, 2020

Does anyone know if the way freelancers invoice the EU will change under the new deal? I have been trying to find out whether we will be able to continue invoicing without paying tax in EU countries, but I can't find anything about it... The HMRC website is of little help as usual! Thanks in advance.

Tom in London
 
Tom in London
Tom in London
Вялікабрытанія
Local time: 21:37
Член (ад 2008)
італьянская → англійская
Same here Dec 29, 2020

Joanne Maddocks wrote:

Does anyone know if the way freelancers invoice the EU will change under the new deal? I have been trying to find out whether we will be able to continue invoicing without paying tax in EU countries, but I can't find anything about it... The HMRC website is of little help as usual! Thanks in advance.


As usual, useless gov't exhorts us to get ready but then offers no information.

GENERAL PRINCIPLES:

If you are a registered taxpayer in the UK (only) you pay your taxes to the UK Government.
If you are ALSO a registered taxpayer in an EU country, then you are liable to also pay tax in that country.

I HAVE ANOTHER QUESTION

Will I still be able to continue receiving payments from EU banks into my UK bank?


 
It will be the same as for any non-EU country Dec 29, 2020

Joanne Maddocks wrote:

Does anyone know if the way freelancers invoice the EU will change under the new deal? I have been trying to find out whether we will be able to continue invoicing without paying tax in EU countries, but I can't find anything about it... The HMRC website is of little help as usual! Thanks in advance.

So, for example, no VAT (for B2B transactions at least).

And yes, Tom, of course you will still be able to receive bank payments. We have left the EU, not the planet.


Maria Pia Giuseppina Nuzzolese
Joe France
Julia Burgess
expressisverbis
 
Julia Burgess
Julia Burgess  Identity Verified
Вялікабрытанія
Local time: 21:37
нямецкая → англійская
CIOL/ITI video about post-Brexit VAT Jan 1, 2021

Stumbled across this recently & found it very informative:

https://www.youtube.com/watch?v=Tyjf21xsUVY&list=PLm4giz0ZtTBEraqG8A042zwekD8EuZlsn&index=2&ab_channel=CIOL


expressisverbis
 
Michael Beijer
Michael Beijer  Identity Verified
Вялікабрытанія
Local time: 21:37
Член
галандская → англійская
+ ...
Thanks, very informative! Jan 1, 2021

Julia Burgess wrote:

Stumbled across this recently & found it very informative:

https://www.youtube.com/watch?v=Tyjf21xsUVY&list=PLm4giz0ZtTBEraqG8A042zwekD8EuZlsn&index=2&ab_channel=CIOL




Ellh Karlaouzos- Gaston
expressisverbis
 
Payments Jan 26, 2021

Tom in London wrote:
Will I still be able to continue receiving payments from EU banks into my UK bank?


You probably already have proof of the pudding by now, Tom, but I did think of you when checking the bank account this morning and seeing that transfers from three EU/EEA countries have come in as normal this month.

Brexit is certainly causing problems in some areas, but the wheels of finance keep turning...


 


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Invoicing EU with new Brexit deal






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