VAT news - December 2016

Welcome to our VAT blog area – we talk about the things that are important to our clients and the essential VAT information we think you need to know.
You can connect with us by sharing posts, adding comments or getting in touch to talk about VAT issues that are important to you.

VAT-free Christmas

All I want for Christmas is a VAT-free designer handbag!

Gareth Bevan 16 December 2016 No comments

Well if you are a member of the US forces based in the UK then your wish could come true! For many UK businesses it is probably a little known fact that you can sell most goods and services costing £100 (inc VAT) or more to a member of the US forces or their family…

Cross-border sales online

How will the proposed new EU VAT rules for online, cross-border sales of goods impact businesses?

Gareth Bevan 8 December 2016 No comments

Further to our earlier blog posts, we take a more detailed look at the implications of the new VAT proposals relating to intra-EU, online cross-border sales of goods to consumers.   Current Rules – Distance Selling Regime At present EU businesses supplying goods to consumers in other EU Member States are required to apply “Distance Selling” VAT…

Low Value VAT Exemption

Removal of Low Value VAT Exemption for Imports

Elizabeth Wilson 7 December 2016 No comments

As part of the European Commission’s measures to improve the VAT environment for e-commerce businesses, the EC has set out their plans to take action against VAT fraud committed by businesses outside the EU by proposing to remove the low value VAT exemption on imports. Currently, small consignments and packages valued at €22 or less…

VAT treatment of e-books in EU

New EU VAT Proposal a Boost to European Booksellers

Ryan Bevan 6 December 2016 No comments

  The EU Commission’s announcement on Thursday regarding the VAT treatment of e-publications has been welcomed by the majority of European booksellers. E-publications and online news subscriptions have always been at a tax dis-advantage in the EU because the current VAT directive states they must be taxed at a standard rate, whilst printed publications can…

New UK VAT rules for online marketplaces traders

What the proposed e-commerce VAT rules mean for business

Ryan Bevan 2 December 2016 No comments

  Yesterday’s announcement by the EU that it is proposing to simplify VAT for e-commerce businesses (see our earlier article) should certainly be welcomed. The Commission has taken on board and is looking to address many of the issues arising from the changes to the VAT rules on supplies of e-services to consumers that came…

Low Value VAT Exemption

Online Trading Simplified with New VAT Measures

Gareth Bevan 1 December 2016 No comments

European Commission announces new VAT measures to help e-commerce businesses The European Commission has released details of new VAT measures to simplify online trading for EU businesses.  This follows the Commission’s adoption of the Action Plan for VAT in April 2016 which included a commitment to remove VAT obstacles to e-commerce. The new measures include: Extending…