This course will provide you with a clear understanding of the French System of VAT. It will highlight situations where a UK business would not charge its French customers output VAT while identifying those elements of French input VAT that cannot be recovered.
The course will define the French VAT Territory and highlight the many factors that need considering when dealing with French companies. It will explain when UK companies need to register for VAT in France and whether voluntary registrations are allowed. It will also explain the simplifications that are available to avoid registration.
The course will examine those circumstances where the French Tax Authority will require you to apply the reverse charge mechanism, which would not be the case in other EU countries. It will also examine the VAT reporting obligations in France, including the method of completing VAT returns and registering for the French online system. It also covers the DEB and DES returns, which replace the ECSL and Intrastat usually required in other EU countries.
Morning: 09:30 - 12:30
Afternoon: 14:00 - 17:00
- A Seminar Pack containing the information presented on the day
- A detailed VAT manual
- A Certificate of Attendance
What Will You Learn?
- Which supplies are zero rated, reduced rated and exempt in France?
- What simplifications does the French tax authority operate for a UK business to avoid registering for VAT in France?
- How is the 'reverse charge mechanism' applied in France and in what situations is it different to the UK and other countries?
- Do you need to register for VAT when selling consignment stock?
- What are the due dates for French VAT Returns and what are the methods of payment?
- How should you complete and submit a French VAT Return?
- What are the DEB and DES returns?
- How do you complete and submit the DEB and DES returns?
- In France, when are you required to apply the reverse charge?
- If you incur French input VAT and you are not registered for VAT in France how can you get it refunded?
Pedro worked with Deloitte in their Global Tax Centre in Brussels for many years where he was responsible for advising people on all aspects of VAT compliance throughout all 28 EU member states and other European countries. During this time he edited the ‘Quick Reference to European VAT compliance’ published by Kluwer Law International. He then spent two years in London as a Senior Manager with EY in their European Tax Centre before establishing his own business, Marosa Ltd in the UK. Pedro spends much of his time travelling to clients throughout Europe helping them with VAT compliance matters. He also offers a one stop solution for completing VAT returns in all European countries. Pedro presents at major conferences in Europe and as well as his work for Marosa he is fortunate to be the Director of ‘One, two…tree!’ a Spanish NGO working on education in Central America which he founded several years ago.