There are more than 800,000 online stores in Europe
Date23 Jan 2018
Categoryamavat Announcement
e-Commerce News along with data company, Dataprovider, have conducted research to find out how many online stores are currently in Europe. According to the research, there is a 98% accuracy...
Update to Italian ‘Spesometro’ for 2018
Date18 Jan 2018
CategoryVAT Compliance
Update to Italian Spesometro for 2018 The reporting frequency for 2018 invoice listing (or ‘VAT Books’) submission (formerly ‘Spesometro’) has been changed by Italy, from quarterly to bi-annually. There will...
Finland defers import VAT from January 2018
Date22 Dec 2017
CategoryFinland VAT
From 1st January, 2018 importers of goods from outside of the EU into Finland will benefit from an import VAT deferment. Going forward importers with a Finnish VAT number will...
UK – Tax News
Date14 Nov 2017
CategoryVAT Compliance
The UK sets out post-Brexit cross-border tax plans On the 9th October, 2017, the UK Government released a number of ‘white papers’, setting out how it will accomplish its trade...
VAT rises ruled out ahead of UK elections
Date19 May 2017
CategoryVAT Compliance
The current Conservative government and the main opposition Labour party recently ruled out future rises in VAT ahead of June’s election. Since the 10%+ debit from the financial crisis, the...
More than 35,000 micro-businesses drawn into Brexit EU VAT net
Date17 May 2017
CategoryVAT Compliance
It is estimated that 35,755 UK micro-business selling over the internet into Europe face being drawn into the EU VAT net for the first time following Brexit. Cost could reach...
BREXIT – UK VAT and potential tax opportunities
Date26 Apr 2017
CategoryVAT Compliance
The concerns around Brexit has been dominated by the potential negatives and uncertainties facing the UK economy as it arranges to leave the European Union. This has been compounded in...
UK – VAT split payment system
Date24 Apr 2017
CategoryVAT Compliance
Recently the UK government launched a consultation on the use of split VAT payments for the e-Commerce industry. This split payment mechanism consists of the customer paying the VAT share...
UK – VAT measures announced in the Budget
Date19 Apr 2017
CategoryVAT Compliance
The Chancellor announced in the UK Spring Budget new measures for tackling VAT avoidance and evasion, together with an increase in the registration and de-registration thresholds. VAT Avoidance The elimination...
UK – changes to VAT
Date22 Mar 2017
CategoryVAT Compliance
The UK raises VAT Registration Threshold On 8th March, 2017 the UK Chancellor announced in his Spring Budget that the annual VAT ‘Registration Threshold’ will rise from £83,000.00 to £85,000.00,...
Increase on ‘free allowance’ on small packages
Date16 Jan 2017
CategoryVAT Compliance
From 1st January, 2017, the VAT-free threshold has been increased by the UK for small packages being imported in the country, from outside of the EU. The previously maximum value...