Originally posted by Lumiere
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What is most efficient way to receive EUR payments?
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Rhyddid i lofnod psychocandy!!!! -
Originally posted by psychocandy View PostJust compare to currencyfair and work out if its worth the hassle.
Trying to decide whether opening the EUR account is worth the hassle for a couple of months' worth of invoices.
Any idea on VAT ? As I understand you don't put VAT in invoices if working on-site in Europe. I am quite happy with this as there are no extra exchange rate losses and you are not being punished for being on the flat rate. But being one week there one week here is slightly different perhaps ?Comment
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Originally posted by psychocandy View PostBe aware:-
1. Paying euros into sterling account will cost an arm and a leg.
2. Transferring from euro to sterling account for same bank will still be a crap rate.Comment
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Ask (any) bank I they can open a EUR account with a debit card attached to it. Best a master card debit card.
In this case when you use your card (except for ATM withdrawals perhaps) it will be the MC exchange rate which is excellent.Comment
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Originally posted by garnet View PostAsk (any) bank I they can open a EUR account with a debit card attached to it. Best a master card debit card.
In this case when you use your card (except for ATM withdrawals perhaps) it will be the MC exchange rate which is excellent.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by Lumiere View PostThat's what I wanted to do, but they wouldn't give me today's date to compare, saying it is dynamic.
Trying to decide whether opening the EUR account is worth the hassle for a couple of months' worth of invoices.
Any idea on VAT ? As I understand you don't put VAT in invoices if working on-site in Europe. I am quite happy with this as there are no extra exchange rate losses and you are not being punished for being on the flat rate. But being one week there one week here is slightly different perhaps ?
Note that the EC list quarters run Jan-Mar etc, which might stagger with your normal VAT returns.Comment
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Originally posted by stek View PostYou need to register for EC Sales List on Government Gateway, include no VAT and put the agents VAT number on the invoice.
Note that the EC list quarters run Jan-Mar etc, which might stagger with your normal VAT returns.Comment
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Originally posted by garnet View PostAsk (any) bank I they can open a EUR account with a debit card attached to it. Best a master card debit card.
In this case when you use your card (except for ATM withdrawals perhaps) it will be the MC exchange rate which is excellent.
I highly doubt there is a UK product out there where you can do this.Comment
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