The UK tax authority, (HMRC), has released further guidance on Business to Consumer 2015 changes and the Mini One Stop Shop (MOSS) scheme. MOSS will allow …
HMRC publishes further guidance on B²C 2015 changes and MOSS scheme
The UK tax authority, (HMRC), has released further guidance on Business to Consumer 2015 changes and the Mini One Stop Shop (MOSS) scheme. MOSS will allow UK businesses to account for the VAT due in other Member States on B2C supplies of electronic services, telecommunications, and broadcasting within the EU.
On the 1st of January 2015 these changes will move the place of supply of such services from the place where the supplier is established to the place of establishment of the customer.
Highlighted in the guidelines is the access to MOSS registration from the 20th of October 2014, and the process of registering for the services. If your company is based in the UK and you are making B2C digital supplies to EU customers you will be using the HMRC’s VAT MOSS online system, however if you are a non-EU supplier of digital services supplying to EU customers you must register for the HMRC’s non-union VAT MOSS online service.
Users will be able to submit their returns through the MOSS system from the 1st of April 2015.