Calculation of import VAT
We automatically calculate the import VAT for all customers who do not opt out of the service.
- You do not need to calculate the import VAT
- All you have to do is check the calculation
The customer does not need to calculate this, but just has to check the calculation according to the new regulations’ self-declaration principle.
In the tax return normally submitted to the authorities six times a year, accumulated figures for the import VAT basis, rate and import VAT must be reported and paid. This takes place together with other VAT.
If your business does not require VAT calculation from Bring, the business may decline this. We will then only provide the statutory information on the customs declaration.