VAT ‘Split Payment’ benefit questioned by the EU
Date24 Jan 2018
CategoryVAT Compliance
VAT Split Payment benefit questioned by the EU A European Commission study into the benefits of ‘Split Payments’ as a VAT collection tool, aimed at battling VAT fraud, has cast...
EU update on VAT rules for eCommerce businesses
Date19 Jan 2018
CategoryVAT Compliance
The EU has recently declared new rules to help eCommerce businesses simplify how they account for VAT. These new rules apply to businesses selling both goods and services on a...
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 – 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,...