New EU eCommerce VAT Rules in July 2021: What to Expect
Starting from July 1, 2021, the European Union (EU) will be making crucial changes to its value-added tax (VAT) rules. These changes will primarily affect businesses that export goods to buyers in the EU and distance sellers. The new VAT rules are meant to address the challenges of existing VAT for distance sales of products, […]
What You Must Know About UK DUTY & VAT
The UK withdrew from the EU on 31st January, and the transition period will run until 31st December 2020. There are only nine weeks to count down before that. The obligation for customs clearance of goods moving between the UK and the EU will start when the transition period is over. In this case, it […]
