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Voluntary VAT Registration: The Advantages and Disadvantages
August 24, 2021

Voluntary VAT Registration: The Advantages and Disadvantages

Voluntary VAT Registration VAT registration is not mandatory for all businesses in the UK. VAT registration becomes mandatory only if the taxable turnover of a business crosses the VAT threshold of £85,000, on a 12-month… Continue Reading

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Cross Border VAT Compliance
August 24, 2021

What are the different options available to sellers’ for VAT compliance?

Value added tax or commonly known as VAT is collected uniformly by all sellers of goods and services at every stage of the supply chain.  Therefore, every party involved in the product contributes to the… Continue Reading

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The common misinterpretation pertaining to the EU-VAT E-commerce rules
August 24, 2021

The common misinterpretation pertaining to the EU-VAT E-commerce rules

The new value-added tax (VAT) rules for e-commerce sales started functioning from July 1’ 2021.  These rules came into effect after greater time spent for analysis, interpretation and detailing.  One of the main objectives sought… Continue Reading

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Preparations required by the sellers for the new EU VAT Rules
July 20, 2021

Preparations required by the sellers for the new EU VAT Rules?

The EU new VAT e-commerce rules are in effect from July 1’ 21 after years of discussions and debates.  The Eurozone is a major trading hub, its share of contribution to world trade stands around… Continue Reading

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New EU VAT Rules Affect Online Marketplace
July 1, 2021

How the New EU VAT Rules Affect Online Marketplace from July 2021?

  The European Union effective 1st July 2021, is implementing the new EU-VAT e-commerce for its operations.   Under the new provisions, apart from the regular sellers, online marketplaces also come under the precincts of… Continue Reading

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EU Digital Single Market Strategy: An Explainer
June 25, 2021

EU Digital Single Market Strategy: An Explainer

More often than not, EU consumers and businesses face unique challenges that prevent them from utilizing the benefits of digital tools and technologies to the fullest. Typical challenges include restricted access to services/goods, excessive VAT/tax… Continue Reading

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The 2021 EU VAT eCommerce Package: What is changing?
June 25, 2021

The 2021 EU VAT eCommerce Package: What is changing?

To facilitate and simplify VAT obligations for eCommerce sellers, the European Commission has introduced significant changes to VAT rules which will take effect on 1st July, 2021. The new EU eCommerce VAT rules will impact… Continue Reading

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New EU VAT Rules for eCommerce Businesses – An Explainer
July 1, 2019

New EU VAT Rules for eCommerce Businesses – An Explainer

  The much awaited New European Union cross-border VAT e-commerce will effectively come to force on 1st July 2021.  Due to the pandemic the EU has deferred implementing the new VAT rules from 1 January… Continue Reading

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