In December 2016 the European Commission announced a series of planned reforms to the VATMOSS system, the controversial rules pertaining to the taxation of online services within Europe.
Why you need to know
If you sell online services within or to customers in Europe, the VATMOSS system applies to you, even if you are not located within Europe. These e-commerce taxation rules will also continue to apply to UK businesses trading within Europe after Brexit.
What will it mean for you
At this time the proposed changes have yet to be ratified. Even if they are accepted, they will not take effect until 2018. Until then, if you trade online, you need to educate yourself on your tax obligations under the VATMOSS system.
Recent posts on VATMOSS
VATMOSS and the future of web development
Talk delivered in May 2016