I wonder if anybody could help me!
My name is Nicholas and I live in London. I have a UK company. I import solar panels from China to a UK port, then I forward them to Germany where I use a German outsourcing company to send the panels to my customers in Germany and Europe.
95% of my customers are consumers, and so I charge them 19% German Vat. A small number of my customers are companies in other EU countries, so I charge them net of German Vat.
So, I pay UK Vat on imports, which I then claim back from HMRC, and I charge German Vat on sales.
Invoices from my outsourcing company is my only purchase which has German Vat.
I recently received my German Vat number and have to file quite a lot of returns - basically monthly returns for October through to June, an annual return for 2007, and the ZM (EC Sales List) for the last quarter of last year (which will be a null return) and the first quarter of this year.
I keep very good records and know exactly what Vat was charged and paid each month.
However, after downloading Elster I see that the Umsatzsteuer-Voranmeldung is a very complicated form!
I am trying to work out which boxes I need to fill out.
As I said, most sales are to consumers in Germany and Europe and I've charged them 19% German Vat.
Around 1 order a month is to a non-German EU company, and so I have invoiced them net of German Vat.
Could anybody give me some pointers? I know I should be seeking professional help however I've just finished university and have put all my money into buying stock, so I'm trying to economise. The UK form is so easy I didn't think this would be any different...
Any help would be extremely appreciated.