Due to the new EU VAT regulations on digital items, I will not be - TopicsExpress



          

Due to the new EU VAT regulations on digital items, I will not be able to supply digital patterns to EU countries out side of the UK from January 1st 2015. As the new regulations do not apply to physical items, I will be able to supply them as paper patterns instead. As much as I hate to have to do this, I really have no choice. My other options are: 1. Register for VAT in each EU country, charge VAT to each EU customer based on their location, then submit a VAT return for each country. 2. Register for VAT in the UK so that I could submit 1 VAT return covering all EU countries. This would mean that I would then have to add VAT to all of my prices, putting them up by 20%. For the small amount patterns I sell in the EU, neither of these options are viable. I can only hope thet the people who make these decisions will see how damaging these new regulations are to small businesses and introduce a realistic threshold before the new regulations come into force.
Posted on: Mon, 20 Oct 2014 14:06:08 +0000

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