We understand how painful and stressful calculating your VAT can be which is why we are here to remedy that for you. Cross Border VAT is a leading technology solution for busy online retailers to manage their UK and European VAT. Cross Border VAT Software instantly tracks your VAT in the UK and across the EU. Thanks to our advanced algorithms, your CBV account will show your live sales data across Amazon, PayPal and multiple online marketplaces.
You can account for exactly how much VAT and sales tax you will need to pay in real-time. CBV will keep you informed as to when you need to register and pay taxes in each European country. If you are not VAT registered in the UK here is an easy guide on how. CBV also monitors your distance selling thresholds which can prevent missing VAT registrations and stay compliant in any EU country. Whether this is due to you using Fulfilment By Amazon, holding stock in Europe through third-party fulfilment warehouses, or simply because you have exceeded the distance selling thresholds in the Pan EU countries of:
Germany, France, Spain, Italy, Czech Republic, Poland or the UK.
When selling into some EU countries a SAF-T (standard audit file for tax) is required which CBV automatically generates in the correct format for each country. Cross Border VAT Software will do all the above in the correct currency of each country providing you with the foreign exchange reporting figures you need to file for your VAT returns.
Another tool Cross Border VAT can do is provide you with historical VAT reports.
Very useful if you have an upcoming VAT inspection as they will be asking for old records, transactions and selling activity. This can go as far back as 6 years or more so this will help show if you have or haven’t been paying the correct VAT amounts throughout the time you have been selling online. Some clients find that they may have overpaid VAT prior to them using the software, so this then leads to VAT reclaims which can be very useful for online sellers.
The unprecedented insight which Cross Border VAT Software gives your business will ensure that you always stay one step ahead of your competition while saving you time and money. Imagine how much easier your life would be if your EU VAT could be calculated at the touch of a button. CBV makes it happen! Take the pain out of cross border sales tax and VAT and register for your free trial of our software today.
We are proud to help eCommerce sellers spend less time on VAT and focus their energies on growing their businesses.
Tested and approved by real online retailers.
Online retailers tell us they have been looking for automated software to take over manual VAT calculations, but didn’t think a solution like this could ever exist. Well, now it does! Sales are automatically downloaded from integrated channels such as Shopify and Amazon. You won’t have to manually go to each selling channel and download various reports one by one. Easily browse, apply filters and drill into your data. The feedback so far has been pretty awesome.