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New rules aimed at digital businesses will lead to needless complication
KEY POINTS
- From 1 January 2015 VAT is due in the member state of consumption rather than of supply.
- Businesses that wish to use the mini-one stop shop must be registered for VAT.
- Revenue and Customs Brief 46/2014 offers some relaxation of the rules.
- Businesses selling to consumers will need evidence to support the consumer’s location.
- The distance selling rules would have provided a simpler solution.
Welcome to the brave new world of VAT on digital services. A major change has taken place across the EU in the way VAT is accounted for on sales of digital services such as apps e-books and music downloads to consumers.
VAT being a tax on consumption a decree went out from the European Commission that from 1...
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