American businesses that sell online to customers in Europe may be subject to VAT. Value Added Tax (VAT) is usually necessary for a business that stores or sells goods in the European Union as well as other European countries like the UK. American-based businesses that sell online through eBay and Amazon in Europe are required…
You have an obligation to be VAT registered when you exceed the annual turnover threshold set by the local tax authority. It sounds like a simple ‘yes’ or ‘no’ question, ‘does my company need to be VAT registered?’ However, VAT requirements in each country can be slightly different and the VAT authorities don’t accept ignorance…
The EU has removed small consignment relief, meaning items coming from outside the EU are subject to VAT. The EU Import One-Stop Shop (IOSS) scheme has been designed for e-commerce sellers who don’t have a registered office in the European Union (EU). The IOSS programme allows sellers to collect, declare and pay the relevant VAT…
The 1st July 2021 VAT changes in the UK and EU significantly impact e-commerce sellers. The EU’s e-commerce package introduced changes to the movement of goods from Northern Ireland to the EU and the rest of the UK to the EU back on 1st July 2021. But many e-commerce sellers are still working to ascertain…
Our quick and easy check list will ensure you select the best VAT service provider for your business. You’re ready to launch your business, e-commerce store or Amazon Sellers account in the UK or the European Union, but aren’t 100% sure if you need to be registered for Value Added Tax, what implications it poses…
IOSS is a programme for e-commerce sellers who supply imported goods with a value below 150 Euros to consumers in the European Union. Import One-Stop Shop (IOSS) came into effect on 1st July 2021. E-commerce Sellers who enrol in IOSS collect, declare and pay the VAT chargeable on imported goods to the EU-based tax authorities,…
VAT obligations are required by all EU countries. Miscalculations or late filings will trigger fines by VAT authorities. Navigating the EU and UK’s Value Added Tax (VAT) programmes is not for the faint-hearted. VAT is a legal obligation required by all EU member states, the UK and many other European countries. Knowing which countries you…
E-commerce Sellers no longer need to register in multiple EU countries for VAT. On 1st July 2021, all 27 European Countries implemented a new VAT system for e-commerce sellers call One-Stop Shop (OSS). The new system is said to simplify 95% of VAT obligations for sellers of goods and services to consumers throughout the European…
How you set-up your European Amazon Account and FBA, whether it’s Pan-European, European Fulfilment Network (EFN) or Multi-Country Inventory (MCI) will dictate if you need one, two …six or more VAT numbers. Many times we’ve seen Amazon Sellers all too eager to set-up their European Amazon Sellers Account with little regard of long-term sales strategies. …
My VAT Direct can offer fiscal representation in Europe. E-commerce merchants and Amazon Sellers are quick to learn that certain countries such as France, Italy, now the UK and many others require you to appoint a fiscal representative when your company is established outside the European Union to be completely compliant with your VAT obligations.…
