02 March 2021, 10:30 -
The European Union has overhauled the VAT rules for e-commerce, which will impact on all businesses making any cross-border “B2C” supplies.
This extensive and bold package of measures aims to adapt the VAT system, which was mostly designed for offline transactions, to the explosive growth of B2C online transactions in our technology-driven world.
The entry into force of these new rules was postponed to 1 July 2021 due to the COVID-19 pandemic. However, addressing these reforms sooner rather than later is critical for businesses due to the extensive adaptations that will be required to information systems.
Both 75-minute sessions will include an in-depth explanation of these new rules together with practical examples, followed by Q&A.