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Don’t get your Brexit commodity codes wrong

If you want to continue selling goods cross-border between the UK and EU after 31 December 2020, you will have to learn about commodity codes. If you cannot accurately match your goods to the right co...Continued

UK ecommerce 2021 VAT changes for sellers & marketplaces

The UK’s HMRC has overhauled the rules of VAT for ecommerce from 1 January 2021. This was at the same time as the end of the Brexit transition period, which brought separate VAT and customs changes. T...Continued

Brexit – what should I know now it’s ‘done’?

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

Italy extends marketplace’s seller reporting till 30 June 2021

Italy has confirmed that it will extend new marketplace reporting obligations on their sellers’ transactions from 31 December 2020 until 30 June 2021. This reflects the introduction date of the 2021 E...Continued

Brexit export goods GB to EU; customs & VAT

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

US closing sales tax loopholes for foreign sellers

A number of US states are tightening their rules on the obligations for foreign, or ‘remote’ sellers to register and charge sales tax to local consumers...Continued

Greece delays myDATA e-invoices e-books to 1 Apr 2021

Greece has announced that the mandatory introduction of e-invoices and e-books has been delayed from 1 January 2021 to 1 April 2021. This is due to the economic disruption caused by the COVID-19 pande...Continued

European 2021 VAT registration and Intrastat threshold changes

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

EU-UK Brexit preferential tariffs and rules of origin

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

UK 2021 VAT on e-commerce B2C imports

The UK’s HRMC has released details of the changes to VAT on goods sold from overseas to UK consumers after the end of the Brexit transition period, 31 December 2020. The 1 January 2021 UK B2C ecommerc...Continued