BLOG

More problems with import VAT statements

More problems with import VAT declarations

After an initial problem with access and accuracy of import VAT returns in January and February 2021, HMRC identified a problem for those using simplified import returns. Deferred Import VAT Reporting has been reintroduced from January 1, 2021. This means that UK registered VAT companies importing goods into the UK can account for Import VAT …

More problems with import VAT declarations Read More »

WHAT IS INTRASTAT

What is Instrastat?

Regular trade in the European Union is not much different from normal domestic transactions as there are no duties or additional obligations. However, it may happen that if you exceed certain thresholds for sales or purchases with contractors from other Community countries, you will have to submit Intrastat declarations. What is Intrastat? Intrastat is the …

What is Instrastat? Read More »

OSS (One-Stop Shop)-the new EU procedure for VAT in the European Union. Information on electronic interfaces that facilitate sales.

OSS (One-Stop Shop) – the new EU procedure for VAT in the European Union. Information on electronic interfaces that facilitate sales.

What has changed since July 1? From 1 July 2021, if an electronic interface (online store, platform, etc.) facilitates the distance selling of goods by a non-EU seller to an EU buyer, the electronic interface is considered to be the seller and is responsible for the payment of VAT (an example here could be Amazon …

OSS (One-Stop Shop) – the new EU procedure for VAT in the European Union. Information on electronic interfaces that facilitate sales. Read More »

OSS (One Stop Shop) what is that The new EU procedure for VAT in the European Union - information for sellers

OSS (One Stop Shop) what is the new EU VAT procedure in the European Union? We collected some information for sellers.

EVERYTHING YOU NEED TO KNOW ABOUT THE COMPREHENSIVE SERVICE POINT (OSS) Information for sellers What is changing from July 1, 2021? Currently, EU companies that sell goods remotely within the EU above a certain threshold (EUR 35,000 or 100,000 depending on the Member State) to buyers located in another EU Member State must register and …

OSS (One Stop Shop) what is the new EU VAT procedure in the European Union? We collected some information for sellers. Read More »

The new EU procedure for VAT in the European Union - information for consumers.Tick (1)

OSS (One Stop Shop) what is the new EU VAT procedure in the European Union – information for consumers

EVERYTHING YOU NEED TO KNOW ABOUT THE NEW RULES OF VAT IN ELECTRONIC TRADE Information for EU consumers The cross-border value added tax (VAT) applicable to e-commerce is being modernized in the EU. The new VAT rules for e-commerce in the EU are suitable for the Digital Single Market: fairer, simpler and more fraud-proof. As …

OSS (One Stop Shop) what is the new EU VAT procedure in the European Union – information for consumers Read More »

Amazon FBA and VAT

Amazon FBA and VAT

Fulfillment by Amazon (FBA) is a service many retailers on Amazon Marketplace cannot do without. FBA means Amazon takes care of all logistics, including the handling of returns. While this is convenient, it also carries a high financial risk. One of the biggest challenges that Amazon FBA brings to a retailer is what is known …

Amazon FBA and VAT Read More »

Administrative lighting in VAT for owners of solar panels in the Netherlands

Administrative lightening in VAT for owners of solar panels in the Netherlands

Solar panel owners who want to recover their VAT and whose turnover will be very limited – less than 1,800 euros per year – will soon no longer need to register for the small business scheme. This is the answer of the Secretary of State of the Vijlbrief of Finance to questions from the House …

Administrative lightening in VAT for owners of solar panels in the Netherlands Read More »