VAT News Updates

EU Carbon Border Tax

Carbon Border Tax Will Raise €10bn for EU On Wednesday, July 14th, the European Commission put forward plans for the world’s first Carbon Border Tax. This is also known as the Carbon Border Adjustment Mechanism (CBAM). As part of efforts to tackle global warming, it is speculated that the this import tax will raise around […]

Everything You Need to Know About the IOSS

From the 1st July the EU will reshape the current model of VAT obligations for B2C ecommerce sellers, including the introduction of the Import One-Stop-Shop (IOSS). Naturally, there is a lot of speculation about what exactly these changes will be, who they will affect, and what future implications might be? For that reason, today, we’re […]

OSS Guide – Everything You Need to Know

From the 1st July the EU will reshape the current model of VAT obligations for B2C ecommerce sellers. Alongside the introduction of an Import One-Stop-Shop (IOSS), the arguable centrepiece of the new changes is the introduction of a One-Stop-Shop (OSS). So what exactly will the OSS do? Who will it affect and what will the […]