VAT Alert – eCommerce VAT changes 1 July 2021 and Refresher on Brexit VAT

SFA tax expert Catherine McGovern, Tax Partner with PKF O'Connor, Leddy & Holmes Limited updates SFA members on significant VAT changes for eCommerce Business to Consumers (B2C) sale of goods from 1st July 2021. She also discusses the key VAT changes as a result of Brexit.

The main VAT changes that will come into play from 1 July 2021 are as follows:
  • Extension of the VAT Mini One Stop Shop (MOSS) to a One Stop Shop (OSS).
  • The treatment of Online Marketplaces and Platforms as deemed suppliers for certain transactions.
  • Introduction of a new Import One Stop Shop (IOSS).
  • Introduction of Special Arrangements for certain imports of goods.

Watch back now this important VAT webinar.

Presentation slides below.