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
Online marketplaces are a crucial aspect to consider if you really want to expand your e-commerce business. In 2020, around 47% of worldwide eCommerce sales were made through online marketplaces, adding up to about… Continue Reading
With effect from 1st July, 2021 the new Import-One-Stop-Shop (IOSS) scheme will be introduced, as part of the new EU VAT reforms for eCommerce sellers and online traders. After the 1st of July, VAT… Continue Reading
Online sales and eCommerce have become the face of multibillion dollar businesses around the world due to the growing demand and the need for selling online. Technology has become so accessible that almost any… Continue Reading
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