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October 8, 2020
2020-6315

Wednesday, 21 October 2020 | 2021 UK and EU VAT changes (11:00 am BST)

The UK and EU are introducing changes to the VAT reporting requirements for online sellers and marketplaces from 1 January 2021 in the UK and 1 July 2021 across the EU. These coincide with the removal of the low value consignment relief in the EU and UK and, of course, the end of the transition period of the UK leaving the EU.

The new rules will significantly impact UK, EU and other non-EU online sellers or marketplaces that deal with the Business to consumer sale of goods with or within the EU (and the UK), and so this webcast is aimed at finance, tax and VAT teams tasked with managing the associated systems and compliance obligations. Online sellers and marketplaces will need to understand the specific transactional circumstances where the changes will apply. This is particularly the case for online marketplaces, where they will be responsible for reporting and paying the VAT in the various destination countries in which they facilitate online sales.

In this webcast, we will cover the following: 

  • Background to the EU and UK VAT changes – covering the transactional circumstances, and their impact on affected
  • Practical areas of considerations and recommended actions

We hope you will be able to join us.

Date: Wednesday, 21 October 2020

Time: 11:00 - 12:00 London (BST)

Registration: Register for this event.

Panelists

  • Simon Baxter, Associate Partner, Retail Indirect Tax Leader, EY LLP
  • Ethan Ding, Senior Manager, Retail Indirect Tax, EY LLP

Please contact Simon Baxter for any questions.

 
 

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