EU VAT e-commerce package resources and guides

23 June 2021| CATEGORIES: e-Commerce, VAT| TAGS: e-commerce, EU, VAT

Background

From 1 July 2021, the VAT rules on EU cross-border business-to-consumer (B2C) e-commerce activities will change. The rationale for these changes is to overcome the barriers to cross-border online sales and address challenges arising from the VAT regimes for distance sales of goods and for the importation of low value consignments.  See our earlier blog article for further details.

European Guidance on the changes

The European Commission has published a number of resources including explanatory notes, guidance documents and factsheets regarding the new rules which are available here.

The resources include a Guide to the VAT One Stop Shop which is aimed at providing a better understanding of the EU legislation relating to the extended One Stop Shop (part of the VAT e-commerce package) including practical details on registration, VAT returns and VAT payments.

How we can help

Please get in touch if you would like assistance in understanding how these changes could affect your business and whether any of the One Stop Shop schemes could reduce your EU compliance burden.  We can also assist you in obtaining new One Stop Shop registrations, as well as dealing with the deregistration of any country specific VAT registrations that may no longer be required.