Hi Tim,
I have had a lot of difficulty getting to the bottom of this.
HMRC directed me to their notice 700, section 22. This, in very general terms covers agents acting in their own name or in your name. It makes a difference, and if the agent is acting in their name and is overseas, then the VAT can be avoided.
In my phone call to HMRC they said that we must be able to prove that the customer knows they are purchasing from outside the UK. If the customer thought they were buying from us in the UK (even if they were not) then this would be vatable. So your agents overseas must show their name clearly on the site and ensure customers know that they are not buying from you.
Hi Sandy,
Sales - It is my understanding that the agents should pay to you the collected vat only with the subscription income. This will not usually be 17.5% if it is a combination of UK and overseas sales.
Purchases - Distribution / handling charges are subject to vat on the whole amount 17.5% where the supplier is UK Vat registered.
I hope this helps,
Justine Greig
Finance Manager
Liverpool University Press
4 Cambridge Street
Liverpool. L69 7ZU
Tel. +44(0)151-794-2232
Fax. +44(0)151-794-2235
Download LUP’s new Autumn/Winter 2010 catalogue from our website:
www.liverpool-unipress.co.uk/documents/LUPCatalogue2010.pdf
https://twitter.com/LivUniPress
-----Original Message-----
From: An informal open list set up by UKSG - Connecting the Information Community [mailto:[log in to unmask]] On Behalf Of Sandy Forster
Sent: 22 November 2010 16:05
To: [log in to unmask]
Subject: Re: [lis-e-resources] To VAT or not to VAT?
I would also be interested in the answer to this, since we are declaring all of our non-UK based resources for VAT.
(Swets handle our Science Direct subscription and so charge us the VAT on their invoice to us).
BW
Sandy
Mrs. S. Forster
Head of Bibliographic Support
Coventry University
Lanchester Library
-----Original Message-----
From: An informal open list set up by UKSG - Connecting the Information Community [mailto:[log in to unmask]] On Behalf Of Tim Wales
Sent: 22 November 2010 15:50
To: [log in to unmask]
Subject: [lis-e-resources] To VAT or not to VAT?
*** Apologies for cross-posting ***
Dear colleagues,
My Finance department has asked me for examples of where other universities have been able to treat certain e-resource subscriptions invoiced in non-sterling currencies from outside the UK as VAT exempt.
One example suggested to me was Serials Solutions annual subscription to Summon but I was wondering about Thomson Reuters non-CHEST/JISC invoices for example as well. And what about Elsevier?
It would be useful to know of any justifications used as well as the actual examples. But anything on this gratefully received.
Best wishes,
Tim
Tim Wales MCLIP FHEA
Associate Director (E-Strategy)
Library and Information Services
Royal Holloway
University of London
Egham
Surrey
TW20 0EX
http://www.rhul.ac.uk/
Tel: 01784 276268
Fax: 01784 477670
Email: [log in to unmask] | Twitter: @timwales
http://myprofile.cos.com/twales
http://www.researcherid.com/rid/D-3854-2009
lis-e-resources is a UKSG list - http://www.uksg.org/serials
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lis-e-resources is a UKSG list - http://www.uksg.org/serials
UKSG groups also available on Facebook and LinkedIn
lis-e-resources is a UKSG list - http://www.uksg.org/serials
UKSG groups also available on Facebook and LinkedIn
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