VAT: EU clarifies new rules on e-commerce

Released 27 April 2021

New VAT rules for e-commerce will be rolled out across the European Union in July 2021 designed to simplify administration for businesses that sell goods online, while providing a more level playing field with online companies from outside the EU.

These rules will be particularly significant for anyone selling goods online or running an online marketplace.

The aim is to:

ensure that VAT is paid where goods are consumed or the services paid for are provided;

create a uniform VAT regime for cross-border supplies of goods and services;

offer businesses a simple system to declare and pay their VAT in the EU, using the (Import) One-Stop Shop portal;

introduce a level playing field between EU businesses and non-EU sellers.

Further details can be found at https://ec.europa.eu/taxation_customs/news/new-future-proof-vat-rules-e-commerce-made-easy_en.

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