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Beware – European Business Number (EBN)

  August 3, 2018    Finances    adm

BEWARE – EUROPEAN BUSINESS NUMBER (EBN)

Recently, we have had queries from a number of our clients in relation to a letter they received from EBN European Business Number.
The letter claims that businesses must comply with laws regarding sales tax invoicing and gives the impression that it is from a European Tax Authority.
Upon inspection of the form accompanying the letter it is noted that the form is in fact a purchase order for advertising services, the following is included in the fine print: –

“We accept the advertisement’s annual cost of 890euro, which are payable in advance upon receipt of the invoice. We acknowledge that the contract is valid for the next three years and subsequently will be automatically extended annually unless we provide a written notice requesting termination of the contract, this being no later than three months before the expiration of the contract’s term.”

We would advise anyone in receipt of this type of letter to ignore it completely.

Disclaimer Information:
Before making any decisions that may affect your finances or your business you should contact a professional advisor and discuss your options. This firm shall not be responsible for any loss whatsoever sustained by any person who relies on this update.

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