Blogs

The UK exited the EU VAT regime, Customs Union and Single Market from 1 January 2021. This means the loss of a range of compliance simplifications and the imposition of customs declarations, goods reg...Continued

Colorado is scheduled to introduce its 2.9% sales tax on provisions of downloads and streaming video, TV, music, gaming, app’s and similar media from 30 January 2021. This would require providers to r...Continued

At the heart of the 2021 e-commerce EU VAT reboot is the introduction of the One-Stop-Shop (‘OSS’) single EU VAT return and the withdrawal of the Distance Selling thresholds. This is one of three refo...Continued

VAT is imposed in around 170 countries, whilst the US remains the only major economy with a turnover tax - 'sales and use tax'. They are both complex in parts, but in very different ways. Learn about ...Continued

The South American state of Suriname is to raise import sales tax from 10% to 12%. This is a short-term measure. Most domestically services are still taxed at 8%, except luxuries which are charged at ...Continued

Following the UK leaving the EU Customs Union from 1 January 2021, EU member states have begun to enforce the requirement on UK importers to appoint a resident direct or indirect representative or age...Continued

With the final stage of Brexit now completed, and the UK out of the Customs Union and VAT regime, we wanted to highlight for you the must-knows to keep your goods or services moving, customers and tax...Continued

This update provides the customs and VAT procedures for the export of goods from GB into the EU from 1 January 2021. After 31 December 2020, the UK is out of the EU VAT regime and customs union as th...Continued

Below is a summary of the main European 2021 VAT registration threshold and Intrastat reporting thresholds. You can check 2021 global VAT rate changes here....Continued

The EU and UK have agreed a regime of nil or preferential customs duties (tariffs) for goods that comply with the rules of origin from 1 January 2021 in their Trade and Cooperation Agreement. This mea...Continued