Category: European VAT

What is the VAT On Electronic Commerce (VOEC) Scheme? Norway is updating their VAT systems for low value goods being imported directly to private customers. As of the 1st April 2020, the new VAT On Electronic Commerce (VOEC) scheme will come into force….

What will VAT compliance look like for you in 2021? If you are currently trading online in the EU and find new VAT regulations challenging to stay on top of, then this overview of upcoming major reforms of the European…

Will these changes to French VAT law affect your business? From January 1st 2020, the French tax authority will be making digital marketplaces jointly liable for the VAT due by sellers suspected of ignoring their French VAT obligations.   As a new year resolution, France is going on a real hunt for e-commerce fraudsters and online marketplaces are currently in the…

Germany requested by the EU to withdraw legal changes affecting EU e-commerce retailers This will probably come as a relief for many e-commerce sellers who dreaded having their accounts potentially shut on Ebay or Amazon German marketplaces.   In October 2019, the European Commission decided…

At the time of writing (8th April 2019), the UK will leave the European Union on Friday 12th April 2019. This will have an impact on: Importing and exporting goods from the EU to the UK Importing and exporting goods…

VAT Update 2019 UK VAT UPDATE New VAT updates have been introduced by the European Union for businesses making digital sales to consumers across the EU. This should simplify the process for SME’s selling digital services cross-border. From January 1,…

EUROPEAN VAT DISTANCE SELLING THRESHOLDS   With the holiday season fast approaching and the Black Friday following the madness of Black Friday, are you prepared for the increase in sales this could bring to your business? As an online seller,…

With the deadline of the UK’s departure from the EU getting closer,  the reality of a no-deal Brexit on the 29th March 2019 looks more possible. Our CEO Claire Taylor alongside the Chief Economist at World First, Jeremy Thomson Cook…

How the UK is Fighting Online VAT Fraud In recent years, the UK has led the way in fighting VAT evasion on goods sold by overseas sellers online. On the 15th March 2018, online marketplaces in the UK were made…

The Meaning of Brexit for VAT Key questions facing international e-commerce businesses and the potential impact of Brexit on VAT.  For e-commerce retailers globally, Brexit poses many unanswered questions. This article looks at how how VAT and trade could be…