VATMOSS – Are you ready

Posted on December 1st, by Helen in VAT. Comments Off

So are you ready for VATMOSS – or are you still wondering what it means?

Well, let me help you.

From 1st January 2015 selling digital services to customers in the EU just gets a whole load more complicated. Because from 1st January 2015 you will have to charge VAT at the rate that applies in the country of the consumer. AND you will have to adopt their invoice rules – so you may need to add extra information to the invoices.

So why do we call it VATMOSS and not something else?

Well VATMOSS stands for VAT Mini-One-Stop-Shop. To overcome one of the hurdles HMRC have set up a single place online to register for all the countries you sell into.

This doesn’t help you to get your invoicing system ready but it is a small acknowledgement of the complexity involved.

If you think this … Read More »

VAT Mini One Stop Shop (VAT MOSS)

Posted on August 4th, by Helen in VAT. Comments Off

How will the VAT Mini One Stop Shop (VAT MOSS) work?

You may opt to use the VAT Mini One Stop Shop (VAT MOSS) online service to save you having to register for VAT in every EU Member State where you supply digital services. This will be available from 1 January 2015, but you will be able to register to use it from October 2014.

If you are an EU business, you may register and use the VAT Mini One Stop Shop (VAT MOSS)  online service in the Member State where you have your business establishment (usually the principal place of business or head office). Using the VAT MOSS online service means you can submit a single calendar quarterly VAT MOSS return and payment covering all your EU digital service supplies. For example, if you register for the VAT MOSS online service … Read More »

VAT on digital services to consumers

Posted on July 25th, by Helen in VAT. Comments Off

Did you know that you will have to charge VAT on digital services to consumers from 1st January 2015?

On 1 January 2015, The European Union (EU) VAT place of supply of services rules will change for business to consumer (B2C) supplies of broadcasting, telecommunications and e-services (digital services). A consumer means a private individual.

These changes will affect all businesses that supply digital services to consumers, whether or not they are registered for UK VAT. This is because there are no registration limits for digital service supplies made to consumers outside the UK. Any business supplying digital services to a consumer in another Member State therefore has to charge VAT on the supply in that Member State and register for VAT in that Member State.

If your customer does not provide you with a VAT Registration Number (VRN), and you have no … Read More »

Saving VAT – Good News for Churches

Posted on October 2nd, by Helen in VAT. Comments Off

The Government has announced an extension to the Listed Places of Worship Scheme which will take effect from 1 October 2013. The Listed Places of Worship Scheme makes a grant available towards the cost of the VAT on building work for listed places of worship.

More churches will be eligible to claim from 1 October 2013 when works to pipe organs, bells and bell ropes, and turret clocks may be included for claims under the scheme. Just as importantly professional fees will also become eligible when directly related to eligible building work. This reverses a previous change which forced local communities to find the additional cost of VAT on services such as architect’s fees.

In addition to these changes to the scope, administrative changes should simplify the claim procedure. This will allow applicants to make one claim every 12 months for eligible … Read More »