Do you want to know the benefits of using the VAT Validation API for your business? In this article we will tell you more about it and recommend a good one.
The Value Added Tax is a tax that is paid on the value that a company adds to a product or service. It is a consumption tax on goods and services that are final. The VAT is paid by the final consumer, but it is paid indirectly, through the increase in the price of the product. The government collects the money through the tax, and then refunds it to companies who have paid it.
The VAT number is an alphanumeric code that identifies businesses and public bodies that are subject to VAT. It was created to simplify the collection of VAT, which is why all companies that are subject to VAT must have one.
If you want to know if a company has a valid VAT number, you can use a VAT Validation API. This software checks if the VAT numbers are correct or not. If they are not correct, they will show you where they are wrong.
However, some transactions are exempt from VAT or reduced-rate. For example, exports are exempt from VAT; and certain goods and services are taxed at a lower rate. In addition, some products are exempt from VAT; or they are taxed at a lower rate.
Benefits Of Using VAT Validation API For Your Business
You’ll be able to determine whether or not your own company’s VAT number is legitimate by using this API. You’ll also be able to see where your company stands in terms of its tax obligations and whether or not it needs to pay additional taxes.
Common Uses Cases
So, if you need to use an API for your business, we highly recommend using VAT Validation API. With this tool you will be able to check if any VAT number is correct or not just in few clicks. Moreover, this API is really easy-to-use and available in many programming languages. So you can start using it right now!
How To Use It
1- Go to VAT Validation API and simply click on the button “Try Free for 7- Days” to start using the API.
2- After signing up in Zyla API Hub, you’ll be given your personal API key. Using this one-of-a-kind combination of numbers and letters, you’ll be able to use, connect, and manage APIs!
3- Employ the different API endpoints depending on what you are looking for.
4- With your API key, you can already integrate the API in the language you need. In the mentioned URL, you can find a lot of Code Snippets, that can facilitate your integration.
You have to select the “VALIDATE” endpoint type, and you may examine the following responses:
API Responses:
{
"valid": true,
"countryCode": "GB",
"vatNumber": "947785557",
"companyName": "BLUECLIFFE SERVICES LTD",
"companyAddress": "58-60 COLNEY ROAD",
"companyCity": "DARTFORD",
"companyPostCode": "DA1 1UH"
}So, why not try VAT Validation API right now? You’ll be glad you did!