Financing, tax rates, and accounting
Hello All,
I am hoping someone can answer this question. I am a US based company and my product is made in the UK. I am using a UK fulfillment center to ship to customers.
My manufacturer is charging me UK VAT since they are delivering to the UK center. About 95% of my orders will ship outside the UK. I am VAT registered and I charge UK VAT for UK orders.
My question is, can I reclaim the UK VAT since they are targeted for export?
Thanks
Eric
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