The United Kingdom’s HM Revenue and Customs has issued guidance on registration criteria for the VAT Import One Stop Shop (IOSS) regime. Taxpayers are now able to commence online registration to report and pay VAT on imports of low-value goods to consumers in the EU and Northern Ireland, effective from March 1.
Source: GVC
Latest Posts in "United Kingdom"
- The UK Should Lower or Abolish, Not Raise, Its VAT Registration Threshold
- UK Should Lower or Abolish VAT Threshold to Boost Small Business Growth and Efficiency
- Lowering VAT Threshold Risks Breaching Labour’s Manifesto, Warns Self-Employed Association
- UK VAT Threshold Debate: Growth-Boosting Increase or Revenue-Raising Decrease at Autumn Budget?
- Chancellor Proposes Raising VAT Registration Threshold to £100,000 to Boost UK Economy
