VAT news - VAT for Online Retailers

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Autumn Budget 2017 – VAT registration threshold frozen and online VAT fraud targeted

carolineheath 22 November 2017 No comments

Today Chancellor Philip Hammond presented his first Autumn Budget.  The main VAT-related measures announced were: VAT registration thresholds In response to the Office of Tax Simplification’s report Value Added Tax: Routes to Simplification, the government will consult on the design of the threshold. In the meantime the registration threshold will be maintained at the current level…

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Cross-border sales online

Amazon Sellers – Stay in control of your VAT compliance!

Gareth Bevan 13 January 2017 No comments

With the boom in online selling set to continue, the heat is being turned up on those sellers using online marketplaces who are not complying with their VAT obligations.   In a move to simplify VAT compliance, Amazon are currently piloting a new service which avoids the need for sellers to deal with overseas VAT on…

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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…

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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…

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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…

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New UK VAT rules for online marketplaces traders

New UK VAT laws apply to online marketplace traders

Ryan Bevan 22 September 2016 No comments

  New HMRC powers to tackle VAT non-compliant overseas businesses trading via online marketplaces   A strengthening of HMRC’s powers to tackle non-compliant overseas businesses selling goods to UK consumers via online marketplaces came into effect last week, following Royal Assent of Finance Bill 2016. Overseas businesses selling goods located in the UK via online…

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UK VAT - London

Will the UK Budget target non-EU online retailers to raise VAT revenues?

Ryan Bevan 15 March 2016 No comments

  Are anti-VAT fraud measures aimed at non-EU online retailers selling in to Europe going to feature in Chancellor George Osborne’s 2016 Budget? Tomorrow the UK Chancellor of the Exchequer, George Osborne, will deliver his 2016 Budget and share with us his plan for making the UK economy stronger and more stable in 2016 and…

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VAT B2C Online Retail sales

Are Non-EU VAT evaders set to increase?

Ryan Bevan 10 January 2016 No comments

  The problem of non-EU traders selling goods to customers in the UK via online marketplaces such as eBay and Amazon without registering for VAT has long been identified as a problem. Whilst based outside the EU they sell goods located in the UK without charging UK VAT thereby undercutting UK businesses by 20%. Though…

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