New VAT rules will come into effect for cross-border business-to-consumer (“B2C”) e-commerce activities carried out within the EU from 1 July 2021. These new VAT rules are significant, wide ranging and complex.
Do you sell goods to customers in Europe? If so, it is essential you understand the EU’s distance selling regulations.
Dealing with VAT is one of the biggest accounting challenges that businesses face. The law surrounding it is complex, and the sums of money that are involved can be significant. It is therefore easy to get into difficulty with VAT because of administration errors or problems with cash flow. This can be costly to your […]