30 September 2026
More than €125 billion of VAT has been collected through the EU’s One Stop Shop (OSS) and Import One Stop Shop (IOSS) schemes since their introduction in July 2021. The schemes allow businesses to report VAT due in several EU countries through single registrations, reducing the need for multiple VAT registrations.
From 1 July 2028, the EU’s VAT in the Digital Age (ViDA) reforms will expand OSS to cover additional B2C transactions. A new scheme will also be introduced for qualifying movements of a business’s own goods between EU Member States. Together, these changes should reduce the number of separate VAT registrations required by businesses storing, moving and selling goods across the EU.
Non-resident traders should review their EU VAT registrations and supply chains to determine whether they could benefit from the expanded schemes. Local VAT registrations may still be required depending on where stock is held, how goods are moved and the transactions undertaken in each country.
We will contact affected clients closer to the introduction date to discuss how ViDA will affect their business and VAT compliance obligations.
Are you trading globally? Whether you require basic VAT advice or specific VAT compliance support, Fiscal Solutions can help. Our team of multi-lingual experts are knowledgeable in all the different VAT rules in Europe and around the world.
We help you simplify today’s complexities and address tomorrow’s challenges. The values we represent, and our consistent advice, mean you can trust Fiscal Solutions to do the right thing – for you and your organisation.
LATEST NEWS
Hungary to introduce mandatory digital VAT filing from...
From 1 January 2027, all businesses registered for VAT in Hungary will be required to file their VAT returns through the country’s eVAT, or eÁFA, system...
SEE MORE
LATEST NEWS
EU customs reform increases responsibilities for...
In September 2026, the EU formally adopted a new Customs Code that will significantly change how goods are imported into the EU. Although the reforms apply...
SEE MORE
LATEST NEWS
Germany plans import VAT accounting reform
Germany is planning to introduce a new import VAT accounting system from 1 January 2030, which could significantly improve cash flow for businesses importing...
SEE MORE