A few questions I am hoping someone may be able to advise on regarding UK sales to Finland which were made prior to 31/06/21.
1. The Finish distance selling threshold was £35,000 - does anyone know how long a business had to register for VAT once the threshold was exceeded?
2. If a business had exceeded the threshold and are now being told to register in Finland and pay the VAT due (for the last few years that it was exceeded), obviously if the business pays this then they are being double taxed as would have paid UK VAT to HMRC. Is the business able to recover the UK VAT from HMRC to then pay this and the excess to the Finnish tax authorities. If so how do they go about this?
Also if there is anything else anyone is aware of that may need to be considered for a business in such situation.