EU VAT – Seller pays

EU VAT – Seller pays

New rules will level the playing field for EU remanufacturers as non-EU sellers take on VAT liability. The European Council has formally adopted new VAT rules to close tax loopholes and improve compliance on goods sold to EU consumers. The changes, which take effect...
UK businesses call for VAT-free repairs and reuse

UK businesses call for VAT-free repairs and reuse

25 organisations call on UK ministers to remove VAT on refurbished and repaired goods. A coalition of 25 UK organisations and businesses has called on the government to remove VAT from refurbished and repaired electronic goods, arguing the tax penalises sustainable...
EU VAT reform targets online imports

EU VAT reform targets online imports

New rules aim to curb duty evasion and boost compliance via one-stop system. The Council of the European Union has agreed a general approach to new VAT rules designed to simplify tax collection for distance sales of imported goods into the EU. The move aims to close...
EU Council plans to scrap paper VAT exemption forms

EU Council plans to scrap paper VAT exemption forms

Paper tax forms will soon be history as the EU moves to digitalise VAT exemptions, promising businesses faster processing and fewer headaches when trading with embassies and international bodies. Businesses trading with embassies and international organisations will...