Black Friday and the lead up to the festive period present another welcome opportunity for retailers to drive ecommerce sales, and boost revenue.
Retailers work hard to prepare the best deals to entice shoppers, but do you know where you stand with VAT compliance?
With the new EU E-Commerce VAT Package now in effect, this year retailers can account for VAT on increased Christmas sales in the EU in just one single return.
The ecommerce package is a simplification, saving businesses valuable time and money. However, there are additional data requirements that can create significant issues if not managed appropriately.
Source UK ECommerce Association
Latest Posts in "European Union"
- DG TAXUD Extends ICS2 Road and Rail Transport Deadline to December 31, 2025
- Potential VAT Changes for Travel Businesses: UK and EU TOMS Reforms, New Platform Rules
- EU Report Highlights Need for Enhanced Customs Controls Amid E-Commerce Growth and Non-Compliance
- Recent ECJ/General Court VAT Jurisprudence and Implications for EU Compliance (Jul–Aug 2025)
- Report on controls on products entering the EU market with regard to product compliance in 2024
