2021 UK & EU ecommerce VAT overhaul – what marketplace sellers need to know right now (deal or no deal)

Start Date:
Wednesday 25th November 2020 - 2:00 pm
End Date:
Wednesday 25th November 2020 - 3:00 pm

Join this webinar with VAT expert, Richard Asquith, VP Global Indirect Tax at Avalara to learn how the ecommerce VAT overhaul and obligations for sellers and marketplaces in the UK & EU will impact your business. This will be a practical insight into the changes from the perspective of a marketplace seller giving actionable steps to take away.

What’s happening in the ecommerce VAT overhaul?

The UK’s HMRC is overhauling the rules of VAT for ecommerce from 1 January 2021. This is at the same time as the end of the Brexit transition period, which brings separate VAT and customs changes. The new UK ecommerce reforms puts new VAT calculation and collections obligations on UK and overseas sellers. It also makes online marketplaces (‘OMP’) responsible for the VAT on certain transactions by their sellers.

To follow, on 1 July 2021, the member states of the European Union (EU) will introduce sweeping reforms to the VAT obligations of B2C ecommerce sellers and marketplaces.

How ecommerce VAT will impact your marketplace business?

Join this webinar to learn how these changes will affect your business when:

  • You list on a UK marketplace and an EU citizen buys from you
  • When you list directly on a marketplace across the UK-EU border
  • When you use a marketplace with fulfilment services across the UK-EU border
  • If you are outside the UK and EU and sell on UK or EU marketplaces

This webinar will provide an overview of the major reforms, and how it will affect sellers and marketplaces’ obligations, both in the UK and EU.

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