VAT for a non resident LTD in London

[Harold Rene' M]

Hi to all,

I had a question: I'm opening a LTD in London as non resident. The suppose invoice will be under the lower invoice needed to have to access to a VAT number. I would like to know how the VAT would be calculated in this case.

Thanks for any advice,

Harold René.

[Nichola L]

Upwork will NOT be able to advise you as to how company law works in UK.

If you have a Ltd UK company that is registered with Companies House, you have to register for VAT if your supply threshold is likely to exceed £73,000 (I think this is at 20%). However, even if you have a Ltd company in UK, and you operate outside the UK, local (i.e. where you live) VAT applies. This is a very simplistic explanation and you would probably  need an international accountant/company lawyer to advise you fully. 

Upwork is actually quite simple. If you have a VAT number, regardless of where you pay your taxes, and you enter it in your accounts page, you will not have to pay Upwork's 10% VAT on the service charge.

Upwork is not responsible for your personal tax calculations.