VAT 2015 selling to consumers. Use of MOSS
If you sell to consumers and are a supplier of telecommunications, broadcasting and/or e-services new VAT rules come into effect from 1 January 2015.
The change is that the place of supply in respect of all supplies of telecommunications, broadcasting and e-services to consumers will be the place where the consumer resides.
VAT must be charged at the rate that applies in the Member State where the consumer resides.
There is a broad definition for e-services such that the sale of ebooks to consumers would fall within the new provisions. A new scheme known as the Mini One Stop Shop (MOSS) can be used from 1 January 2015 and will allow a business to submit returns and pay the relevant VAT due to Member States through the web portal of one Member State.
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The material in this article is for general information purposes only and does not constitute legal or taxation advice. Specific legal and taxation advice should be sought before acting. All information and taxation rules are subject to change without notice.
No liability whatsoever is accepted by M. McLoughlin & Co. for any action taken in reliance on the information in this article