Category: News

New GST/HST Regulations for Ecommerce in Canada

June 25, 2021 in Ecommerce Tips, International VAT, News, VAT

The federal government of Canada is introducing new tax rules for ecommerce, which are proposed to come into effect as of 1 July 2021. These will aim to create a fair environment for taxation where all online businesses can compete on equal footing.   Currently, foreign ecommerce traders generally don’t have to collect GST/HST on the supplies they…

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UK announces temporary cuts to VAT rates

July 8, 2020 in News, VAT rates

UK announces temporary cuts to VAT rates for hospitality and tourism sectors  The Chancellor of the Exchequer announced today (8th July 2020) cuts to VAT rates in the UK’s hospitability and tourism sectors. This temporary reduction will see VAT rates drop from 20% to 5%.   According to Rishi Sunak, the reduced VAT rates will be…

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