by stefanie | Jun 8, 2020 | Around the Industry
The UK tax authority changes their guidance and VAT will now apply to Go Cardless transaction fees. Companies accepting invoice payments via the GoCardless payment service will now be required to pay Value Added Tax (VAT) across all of the fees charged by Go Cardless....
by stefanie | Mar 12, 2020 | World Focus
The European Union (EU) has introduced new rules to simplify tax and facilitate the detection of tax fraud in cross-border e-commerce transactions. From 1 January 2021 the EU MOSS scheme is being extended and special provisions concerning the obligations of electronic...
by stefanie | Mar 19, 2019 | Around the Industry
With Brexit potentially bearing down on us, preparations have been made to ensure that British VAT “remains operational” following the UK’s official departure from the EU. As Fresa Amthor of KMLZ reports, with 29th March 2019 fast approaching, and the possibility of a...
by stefanie | Mar 14, 2019 | Around the Industry
Ronny Langer, a Certified Tax Consultant at Küffner Maunz Langer Zugmaier, has been expounding on Brexit input VAT refund advice proffered by the Federal Central Tax Office (FCTO). As Langer explains, with a forthcoming Brexit, “the UK will become a third country” and...
by stefanie | Jan 14, 2019 | World Focus
Online retailers such as Amazon and eBay have evicted thousands of overseas sellers following a VAT-related crackdown by HMRC. As the BBC reports, the overseas sellers – the majority hailing from China – “sold items including British flags, phones and fake eyelashes...