Tag: VAT

Poland adopts new package of VAT simplifications referred to as SLIM VAT 3 The so-called SLIM VAT 3 package was adopted in Poland with the intention to further simplify and modernise VAT compliance in the country. SLIM, which stands for…

SimplyVAT.com’s Consultancy Team helps business claim €1m VAT refund  When the new schemes were introduced in 2021, some businesses may have found it difficult to decipher whether they were registering for the correct one. The MOSS expanded into the OSS…

Previously setting up an online website would require tech wizardry and extensive computing know-how, but thankfully in 2022 there are a multitude of website builders that do the hard work for us. These services are invaluable for creating slick, mobile-friendly…

As the original influencer platform, Instagram holds promise for modern entrepreneurs and business owners alike. With over 1 billion active monthly users and over 200 million of them visiting business accounts daily, the social media platform has become a popular…

2021 has been characterised by constant change, and as we are acutely aware, VAT has been in constant flux since the EU VAT reforms launched in July of this year. Understandably, businesses may be left scratching their heads. As we approach the busiest shopping…

Shopify VAT: A Guide to Compliantly Selling Cross-Border If you’re selling online with Shopify, we’ve compiled the ultimate guide to keeping your Shopify store VAT compliant in 2022. Shopify today is one of the most popular ecommerce platforms. Back in 2004,…

Chain Transactions: How to treat them from a VAT Perspective ‘How should a business treat a chain transaction?’ is a common question we get asked at SimplyVAT.com. And it’s not surprising that businesses are often confused about the VAT treatment…

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 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,…