Ecommerce VAT Changes - Post Brexit
As introduced on the 1st July 2021, VAT rules on cross-border business-to-consumer (B2C) e-commerce activities changed. The rationale for those changes was primarily to overcome the barriers to cross-border online sales and address challenges that arose from the VAT regimes for distance sales of goods and for the importation of low-value consignments.
In this helpsheet, we outline the main points from these changes as well as discussing how they will affect your e-commerce business. Check it out below.