Hi,
I've agreed with someone to buy a website from them for under $5k. They are based in Poland, I am based in the UK. The website is a part of his company.
VAT in Poland is 23% (seems high). I initially said that I would like to buy the website as a private person (because I am currently operating as a sole trader, although I have setup a company as well, but it's not currently trading). He's saying that according to his accountant, if he is able to sell the website to my company (company to company), then he won't have to pay the 23% VAT, but I will. He would rather do this because otherwise he will have to pay 23% (VAT) + 18% (income tax) on the agreed price.
Does anyone have any experience with this or know anything about how VAT applies to website sales?
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