VAT charged for events
Most events such as conferences, seminars, training courses or exhibitions organised by a taxable person in the EU are generally deemed to be taxable in the country where the event takes place.
Irrespective of where they are established (in the EU or outside the EU), local VAT registration for the event organiser is needed. An event organised by a taxable person in a non EU country could require local VAT registration. Furthermore, income in relation to events will normally be subject to VAT at the standard rate of the country it is held in.
Once registered for VAT, event organisers are entitled to deduct the VAT on their related costs (subject to the normal rules of deduction in that country).
VAT for event organisers – when to register
It is important to understand that in some countries sales invoices should not be issued nor costs incurred before registration is applied for, otherwise penalties may be due for late registration and/or VAT reclaim on expenses may be refused. A limited number of countries have simplifications which allow exemption from registration for specific events. Fiscal Solutions’ team of VAT advisers understand the complexities of each country’s VAT rules – we can help you make sense of them.