The UK and EU are both going to put VAT reforms in place during 2021, to simplify compliance obligations and reduce VAT fraud. They will also seek to make online marketplaces liable for the VAT obligations on many transactions of their third-party sellers. These changes will take place in the UK on the 1st of January 2021 and, due to the pandemic slightly delayed, on the 1st of July 2021 in the EU.
Whether you are a seller or marketplace you will need to understand these fundamental reforms to your obligations to avoid extra VAT costs and a bad customer experience.
Our chums at Avalara have put an entire microsite together covering everything you need to know about 2021 EU & UK ecommerce VAT reforms. However if after reading you still have questions, Richard Asquith, VP Global Indirect Tax at Avalara is joining Tamebay for a webinar on Wednesday the 25th of November at 2pm to talk through the VAt reforms in simple terms and explain how the changes will impact your business.
Marketplaces VAT Update Webinar
Sign up for Tamebay’s webinar with VAT expert, Richard Asquith, VP Global Indirect Tax at Avalara to learn how the ecommerce VAT Reforms and obligations for sellers and marketplaces in the UK and 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.
This webinar will provide an overview of the major VAT reforms, and how it will affect sellers and marketplaces’ obligations, both in the UK and EU.
The webinar takes place on Wednesday the 25th of November at 2pm and you can reserve your place here.
