From the start of 2021, HMRC introduced a number of changes to the rules of VAT for ecommerce and how businesses need to account for it. Some of these changes are a direct result of Brexit and any business making sales or deliveries of goods to consumers in the EU are...
In this short video, we talk you through why we think every e-commerce business should have a specialist e-commerce accountant. Video Transcript Hi guys, I’m Oliver from Elver E-commerce Accountants. And today I’m going to be telling you why every...
The current distance selling rules, which require VAT registrations in each EU country where thresholds are reached, will, for the most part, disappear on 1 January 2021 and VAT will be due in the member state of destination, otherwise known as the ‘destination...
This month our director, Steve Blackmore, was interviewed by the YouTube Channel E-Commerce agency, on the subject of e-commerce tax and accounting. You can catch the interview here:
A reminder that the JRS is currently scheduled to end on 31 October. The government contributions reduced to 70% in September and will reduce to 60% in October. Coronavirus Business Interruption loans The CBILS scheme ends on 30 September, but Bounce Back Loans are...
Many EU countries require that a fiscal representative be appointed for a non-EU company that requires a VAT registration in that country. The tax authorities regard a fiscal representative as the local agent of the foreign trader. In many cases, the fiscal...
