Category: VAT rates

Shopify VAT: A Guide to Compliantly Selling Cross-Border Shopify today is one of the most popular ecommerce platforms. Back in 2004, the site was created by three Canadians inspired by the poor online experience they had while shopping for snowboarding equipment. In 2021, Shopify has…

VAT For Events: Digital Or In-person Now that the world is finally starting to get back to normal after more than a year of Covid-19-induced change, many firms are beginning to organise in-person events, fairs, trade shows, and other gatherings….

Audits: Don’t let one ruin your year It’s one of the most dreaded letters any business person receives. It starts innocently enough, “Dear Taxpayer, while processing your return, we noticed a few issues which raised questions…” and then the dreaded…

VAT rates: Are you charging your customers correctly? Only a few days to go before the new ecommerce VAT rules should come into effect in the EU. Starting 1 July 2021, the general rule for ecommerce taxation is changing and all online businesses should make sure they are ready to apply the new…

Amazon expansion into Sweden: what are the tax implications?  Amazon has announced the launch of Amazon.se, the latest Amazon store in a country where consumers are keen online shoppers with a high purchase power.   The expansion to a new market means further business opportunities for sellers,…

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…

Poland introduces a new system to simplify VAT rate classification As of 1st July 2020, Poland is introducing a new VAT rate matrix which will change the classification of goods and services for VAT purposes. This change will aim to simplify the VAT rate system in…

The tax authorities in Germany are looking to temporarily reduce their VAT rates in an effort to stimulate the economy and alleviate pressure on businesses. Germany has announced its plans to reduce the economic impact and drive local demand with…