The ever-changing tax landscape is making it very hard for e-commerce marketplace businesses to properly adhere to tax legislation and regulation. Recent changes to UK and EU VAT regulations that came into effect on 1 January and 1 July 2021, now pose considerable challenges to identify who is liable for VAT, on which sales and at what rate.
In this session our experienced panel will discuss the growth in e-commerce and the impact the new tax regulation will have for e-commerce businesses trading in the UK and EU. Join us for a chance to hear about how these new rules are affecting businesses and the opportunities and best practice to help navigate this challenging time.
The panel of Deloitte, Rakuten and Vertex will:
- Take a look at the EU VAT e-commerce rules and how they apply
- Discuss the rapid growth in e-commerce through marketplaces
- Review the impact of the EU VAT regulation on those involved in e-commerce, and how businesses are responding
- Discuss what future tax regulations we can expect in the e-commerce arena