WooCommerce is one of the best-known shop systems for e-commerce retailers. It is very easy to expand an existing WordPress site into a functioning online shop. But as soon as a first purchase is made via WooCommerce, the seller has to deal with something else: the advance VAT returns. Below, you’ll learn when you, as a WooCommerce seller, need to file advance VAT returns, what transactions need to be reported on them, how WooCommerce VAT returns are compiled, and much more.
Source: hellotax.com
