Difference between Tax ID vs VAT ID

I wanted to know whether these two taxes are just the same or it is two different entities. If it is different, can you explain them?

Usually some suppliers require Tax ID so, can I use my VAT ID?

Thanks for the help!

Hi Ian,

Both are the same but the name varies depending on where you are located. In the US, it is often referred to as tax ID, resellers ID, sales tax ID while in the UK and most of the Asian countries it is referred as VAT ID. In Australia and New Zealand, it is called an ABN or GST registration.

So yes, if the supplier requires you to present your tax ID you can provide them your VAT ID details instead.

Hope this helps :)

Thank you very much Richelle for your helpful info! Wish me luck, okay!

You're quite welcome, Ian :)

I am always happy to be of help to you and all our members.

All the best!