Posted: Thu 17th Jun 2021
All UK business owners know by now of the changes made on 1 January 2021 to UK’s VAT rules, that greatly affected UK ecommerce businesses and how they trade in the EU.
From 1 July 2021, the EU is making some of the biggest adjustments to the VAT system for the last three decades. The aim is to simplify the current rules and crack down on growing VAT fraud and evasion. By introducing IOSS & OSS it will make it easier for businesses to sell into European markets, however there are logistical challenges that will come along with these changes.
Watch back this recorded webinar to hear Alexey Potemkin, Osome UK’s managing director and Taimur Ghafoor, senior accountant at Osome, discuss everything business owners need to know in preparation for the 1 July changes, and how to avoid any future problems and fines.
Alexey and Taimur focus on:
● All upcoming changes
● How UK business owners will need to prepare
● Key steps to stay compliant
● What are IOSS and OSS and how to take advantage
For more advice on dealing with the impact of Brexit, visit Enterprise Nation's Brexit Advice Service.