The UK tax office, HMRC, introduced Phase 1 if their ‘Making Tax Digital’ (MTD) initiative in April 2019. The much more demanding Phase II implementation was supposed to come into effect in April 2020, but
Deciding on your pricing is difficult enough in regular business scenarios – making sure your product or service is correctly priced can be the difference between profit and loss. This issue is intensified when you
The UK has introduced new regulations making Online Marketplaces (OMP) liable for VAT payments and reporting in certain situations. According to the new rules, which take effect from 1 January 2021, OMPs will be liable
If your business sells goods to private individuals around the world (e-commerce sellers), whether it be via your own web shop or a platform, it is highly likely you will have multiple VAT compliance obligations.
Selling your goods to private individuals, e-commerce sellers, in multiple countries – especially in the European Union – creates VAT compliance obligations in multiple countries. It is illegal to trade in a country where you
VAT registration can be a tricky process for new businesses, especially those that operate in different regions around the world. With the explosion of e-Commerce, digital and SaaS businesses, many governments have had to alter
Amazon has implemented a VAT registration requirement for retailers selling items in Austria. Retailers need to upload their Austrian VAT number on Amazon’s Seller Central by December 31, 2020. If they fail to adhere to