EU delays 2021 e-commerce VAT reforms to July 2021

29 May 2020

Due to the Coronavirus crisis, the European Commission proposes to delay the introduction of the EU VAT e-commerce package from 1 January 2021 to 1 July 2021. 

It is hoped that the introduction of this package will reduce the amount of VAT fraud, which is prevalent in this sector and currently stands at approx. €5billion per year.

Please click here for further information on these reforms.

LATEST NEWS

Separate EORI number for Northern Ireland required

HMRC have recently confirmed that businesses who import and export goods from Northern Ireland (NI) will need a special Economic Operator Identification Number...

SEE MORE
LATEST NEWS

Fiscal representation not required in France for UK...

The French tax authorities have confirmed that UK businesses will not have a requirement to engage a fiscal representative when the Brexit transition period...

SEE MORE
LATEST NEWS

UK Intrastat still required after Brexit

The UK tax authorities have confirmed that English, Welsh and Scottish businesses importing goods into the UK from the EU will still be required to prepare and...

SEE MORE

Gated Content

The following email providers are not accepted: gmail, hotmail, yahoo. Please use proper company email.