What is UK VAT Zero Declaration? UK VAT Zero Declaration Review

UK VAT zero declaration:

Even if there is no sales in the quarter, zero declaration is still required. It is abnormal to make zero declaration for a long time. You need to be prepared to be inspected by the UK Tax Commission (HMRC) at any time.

Amazon UK VAT zero-rated declaration

UK VAT rate:

The UK VAT is declared once every quarter, and four times a year. In addition to different VAT rates for different goods, the UK VAT also has a general tax rate of 20% applicable to most goods and services, a low tax rate (6.5% or 7.5%), and a zero tax rate.

UK VAT zero-rated declaration:

Zero tax rate declaration means that if the seller does not sell any goods in the current quarter or the current year, he or she can use the zero tax rate for tax declaration.

If you need to pay certain taxes after filing, please make sure to pay the taxes within 7 working days after receiving the tax return. If you delay paying taxes, HMRC will calculate interest at 3% of the current tax amount every day from the date of delay. If it exceeds 30 days, HMRC will produce a court letter and prosecute the taxpayer if the consequences are serious. (Note that European accountants are jointly liable. Don't believe that they can definitely make a zero tax return for you. Generally, zero tax return is only a possibility, but generally there will be no zero tax return.)