Income Tax Rates Change This Year – How Will You Be Affected?
You will know that Tax year 2019/2020 begins on 6 April (a month away) – but are you aware that new tax rates will also be coming into play? There will be changes to Car benefits, National Insurance Contributions, but perhaps most importantly the rates of Income Tax...
France – the coming Anti-Fraud Tax Law and its consequences for cross-border online sellers
The French Anti Tax Fraud Law coming into force in January 2020 will help prevent tax fraud and combat lack of online cross-border VAT compliance. The European Union countries have all fought tax fraud in the past decade. Overall, one major inconvenience is that the...
EU VAT: A common sense guide for E-commerce sellers
The topic of E-commerce selling is a never-ending source of either a lot of amusement, joy, or quite the opposite. Regardless of the internet slowly but surely coming of age, it is still an endless well of adventuresome experiences. This just depends on your point of...
HMRC and daft excuses for late submissions of your self-assessment tax
What happens We all know this situation. The tax calendar has been betraying us, and the HMRC is somewhat unforgiving. There was this birthday, then there was the weekend. However, HMRC does not like late submissions, nor late tax assessments. So, when it comes to...
Standard Audit File for Tax: What is it & where is it?
In order to avoid tax fraud and increase the accuracy of VAT reporting, tax administrations around the world are adopting an electronic invoicing system which enables tax authorities to have a consistent approach to managing tax audits. This system is known as the...
DHL Discontinues Delivery of ‘Amazon Fresh’ Food in Germany
International courier DHL has confirmed that they have ended their delivery service for ‘Amazon Fresh’ in Germany. This is due to the fact that there has been little demand for being able to order fresh food online, and ‘Amazon Fresh’ has been growing at a very slow...
Deliveries from Sweden to Finland take 5.6 days
The time-scale for parcels to be transported from Sweden to Finland is 5.6 days, and almost two of those days (1.8) are spent in Finland once the parcel has crossed the border. Cross-border purchases made by Finns on Swedish online stores are becoming popular, as...
Deliveroo says “Auf Wiedersehen” to Germany
Deliveroo announced that they will be exiting the German market on 16th August. After just four years of operating in Germany, the UK delivery firm wants to focus on growing its operations in other international markets. In 2015, the company expanded for the first...
Digital Marketplaces in Austria will be required to keep records of third-party transactions
From 1 January 2020, it will be mandatory for digital marketplaces in Austria to keep detailed records on transactions that have been made on the platforms by third-party sellers. These records will need to be submitted to tax authorities on an on-request basis, when...
Bulgaria to Raise VAT Registration Threshold to BGN 100,000
European traders who sell products cross-border to Bulgaria will know that the current threshold for VAT registration in the country is BGN 50,000. These merchants will have registered for Value-Added Tax in Bulgaria if their sales to the country exceeded BGN 50,000....
Recent Posts
Full-Service VAT and Accounting Compliance Solutions for International Sellers
Working with J&P Accountants: 3 Steps to Get Started
Amazon FBA VAT Services: In-House vs Chartered Accountants
Top 5 Benefits of Outsourcing Your Amazon FBA Accounting to Experts
Top Accounting Mistakes by Amazon FBA Sellers and How to Avoid Them
