ACCA · Question 16 · Value added tax (VAT)
Section B - Case 1: Nimbus SaaS Ltd
Nimbus SaaS Ltd is a UK-based tech startup providing cloud software subscriptions. The company supplies digital services to both B2B (business) and B2C (consumer) clients globally.
Regarding Nimbus's B2C digital service sales to consumers located in the European Union (EU), what is the place of supply for VAT purposes?
Answer options:
The UK, as Nimbus SaaS Ltd is established there.
Where the consumer is located.
Outside the scope of VAT entirely.
The EU country with the lowest VAT rate.
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