Reply to: EU superstate

[The_Equalizer]

Cheer up AtW soon you will be earning enough to have to register for VAT.

Its a problem that can be solved easily so its a non problem.

What about using the flat VAT rate which, although I'm a bit fuzzy re. the details, you can register for even if you're below the threshold.

[vetran]

For electronic services it's a problem for supplier who must now charge VAT at the rate of customers location - only VAT registered businesses are exempt if they have valid VAT number, a lot of small businesses don't have it.

Cheer up AtW soon you will be earning enough to have to register for VAT.

Its a problem that can be solved easily so its a non problem.

[m0n1k3r]

FUD

Cross-border VAT - EUROPA - Your Europe - Business



Its the customers problem on imports. Though I suspect its possible HMRC could collect and disperse for a fee.

Keep it under £17 each and jobs a good un.

That is only for goods. Some 78.9% of UK business is services. Non-EU sellers of services into the EU must register for, charge, report and pay VAT. Up until a year ago, such non-EU companies could register in just one EU country (usually the UK), receive a VAT id beginning with 'EU' rather than 'GB' and only have to deal with the HMRC. Nowadays such businesses must register with and report VAT in each of the 28 EU member states, in a number of different languages as many of them simply refuse to communicate in any language other than the official language of that country.

Not an issue for Google etc. Big issue for SMEs.

Inside the EU there is a one-stop facility (VAT MOSS) that makes it quite easy. Outside the EU there is no such facility.

[m0n1k3r]

You know Farage sits on the EU committee for fishing and only bothered to go to one out of 43 meetings. Who is mocking who again ?

I suppose he preferred to spend that time at the pub instead, downing a good, Belgian ale. Or two.

[AtW]

FUD

Its the customers problem on imports. Though I suspect its possible HMRC could collect and disperse for a fee.

For electronic services it's a problem for supplier who must now charge VAT at the rate of customers location - only VAT registered businesses are exempt if they have valid VAT number, a lot of small businesses don't have it.

[dx4100]

You know Farage sits on the EU committee for fishing and only bothered to go to one out of 43 meetings. Who is mocking who again ?

[vetran]

We? I presume you don't mean here yourself, are you trading with EU and the rest of the world? My firm does - 80% of trade is exports, USA and EU are key areas, say if UK is out of EU then one immediate problem would be dealing with VAT for sales to EU - right now we can collect all monies and pay them to HMRC which would then distribute them to appropriate member states, that's pain as it is, but if we are forced to apply for VAT registration in each EU member state where we trade then we'd be forced to stop selling to a lot of them because it would not be viable - combined take of those small states is considerable though.

FUD

Cross-border VAT - EUROPA - Your Europe - Business

If you buy goods for the purposes of your business from a supplier based outside the EU, you must generally pay VAT at the point of import (and may deduct this in your next VAT return if you make taxed sales).

Its the customers problem on imports. Though I suspect its possible HMRC could collect and disperse for a fee.

Keep it under £17 each and jobs a good un.

[AtW]

Oh and how will they 'make sure UK loses out bigtime'; there's the rest of the world we can start trading with!

We? I presume you don't mean here yourself, are you trading with EU and the rest of the world? My firm does - 80% of trade is exports, USA and EU are key areas, say if UK is out of EU then one immediate problem would be dealing with VAT for sales to EU - right now we can collect all monies and pay them to HMRC which would then distribute them to appropriate member states, that's pain as it is, but if we are forced to apply for VAT registration in each EU member state where we trade then we'd be forced to stop selling to a lot of them because it would not be viable - combined take of those small states is considerable though.

[Mordac]

Geldof used to be very anti-EU. Blamed them for some of the food shortages in Africa, or something like that. Maybe he's worried he'll be deported if we vote to leave. Bring it on, we have enough home grown musical has-beens as it is, we can afford to lose a few...

[Flashman]

Multi-millionaire Bob Geldof out on the Thames today mocking British fishermen and their families who have had their lives destroyed by the EU.



Charming.

[rl4engc]

What exactly going to be so strong?

If majority indeed votes out then fall EU can do other than make sure other coutries don't follow UK and the pnly way to do it will be to make sure UK loses out big time - they will make an example of UK, couple of lost decades to follow until rejoining referendum under worse conditions than now

Won't work. Apart from it will be cutting the EU's nose off to spite it's face, it will have dire consequences for the (already tulip) economies of those still left in the EU* as effectively we (net Importer) would be prevented from buying from them.

And of course, the remaining countries are extremely happw with the EU aren't they, and don't want to be next in line for a referendum.

Oh and how will they 'make sure UK loses out bigtime'; there's the rest of the world we can start trading with!

[Mordac]

The main objective of EU is to piss off people like yourself.

They are doing it very well and hopefully it will all be a dim and distant memory in 8 days time...

FTFY

[AtW]

In other words the EU sees itself as an enforcing powre. It exists to protect itself and to control the member states even if that means disrupting economies

The main objective of EU is to piss off people like yourself.

They are doing it very well and long may it continue...

[AtW]

Explain why.

You need explanation on why taxes will have to go up?

[Flashman]

Remain will destroy democracy to exploit the poor

The average house price in Romania is 45,000 euros. You can check other EU member countries. The average house price in the UK is 340,000 euros, plus.

There is, now, unlimited access to the UK for people from EU member countries such as Romania. Poor people from these areas on the UK minimum wage, living in appalling accommodation to minimize costs, have a good chance or buying a house, outright, back home by saving over 4 or 5 years. (Remember, the 45,000 euro average price). They work hard because they have a chance to radically improve their lives and that of their families and should be applauded for grasping the chance to do so. It is a criminal shame no such chance exists for the UK poor- not that Remain cares, one tiny bit.

The UK poor don't have a cat's chance in a million years of ever owning a house because there's nowhere in the EU they can migrate to be able to do this. They find their wages slashed, whilst rents continue to spiral. The idea they could share the shocking conditions of visiting migrant labour is unconscionable; even then, they could never come close to buying a home of their own.

The real wages, in effect, for visiting migrant labour are radically higher than for those who were born in the UK. That is why, after all, people are drawn to the UK in their millions.

This is very handy for Remain and those who approve of the EU. They push for the destruction of UK democracy to ensure the fixed UK poor are fully exploited with reduced wages and spiralling rents. Remain are very conscious of the danger of the poor seeing through this deeply offensive profiteering and exploiting plan, hence their loathing for democracy and denigration of the poor or anyone who disagrees with them.

And where is the party of the working class on this? Labour's supporting George Osborne, Goldman Sachs and JP Morgan that's where.