HOT OFF THE PRESS: Heres the update we were promised. We managed to negotiate this with HMRC over the past 2 weeks but had to hold off telling you until they had put it in writing. Basically it means that, for those in the UK below the VAT threshold, you can use the PayPal (or equivalent) country code as your evidence for proof of place of supply until the end of June. This is an enormous achievement, due to the thousands of people who have taken action in this campaign, so thank you! Its not perfect. It doesnt fix the rest of the problems. But it WILL allow more people to keep trading, while we all negotiate a reworking of the rules and a sensible threshold. Heres our full update: euvataction.org/2014/12/29/hot-off-the-press-concession-from-uk-hmrc-will-enable-more-firms-to-keep-trading/ Heres the text: https://gov.uk/government/publications/vat-supplying-digital-services-to-private-consumers/vat-businesses-supplying-digital-services-to-private-consumers Support for MOSS registered micro-businesses until 30 June 2015 UK micro-businesses that are below the current UK VAT registration threshold, and who register for the VAT Mini One Stop Shop (MOSS) may, until 30 June 2015, base their ‘customer location’ VAT taxation and accounting decisions on information provided to them by their payment service provider. This means the business need not require further information to be supplied by the customer. As payment service providers already collect and hold a minimum of 2 pieces of information about the member state where the customer usually resides, the transitional period, until 30 June 2015, will give micro-businesses additional time to adapt their websites to meet the new data collection requirements.
Posted on: Mon, 29 Dec 2014 11:41:30 +0000
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