Written by John on January 1, 2015
Today, 1st January 2015, all small businesses that sell digital goods or services, even if they sell just 1 euro will have to charge VAT to the customer at the rate charged in the customer’s country. Presently in the UK small businesses pay no VAT. This will apply to all sellers across the EU. There are only two options: 1) increase prices by 20 – 25% or 2) stop selling to other EU countries.
From 1st January 2016 this will apply to physical goods as well.
The paperwork is so onerous and will be expensive to administer that VOTN will … READ MORE