EU VAT obstacles for Chinese companiesCategory:


EU VAT obstacles for Chinese companies

September 2nd, 2018

Chinese enterprises trading across the EU can be hindered by many barriers; particularly EU VAT, which can leave unsuspecting firms facing large fines or delays in deliveries. According to figures published by Xinhua, the EU remained China’s biggest trading partner in 2008, with bi-lateral trade reaching $425.58 billion, representing a 19.5% growth from the previous …

United Kingdom

Avalara Europe is hiring

February 19th, 2018

If you work in EU VAT compliance, Sales, Marketing or Customer Success and want to be part of one of the most exciting stories in tax automation, then we want to hear from you. Being part of every international tax calculation Avalara’s ambition is to take the pain out of indirect tax compliance for businesses, …

United Kingdom

UK Brexit Taxation Bill leaves businesses at risk

February 4th, 2018

On January 8 2018, the legislation setting the UK’s post-Brexit customs and VAT regimes passed its second reading in the House of Commons. The preliminary statute prepares the country to take full governorship of its customs and VAT regimes from 30 March 2019, when the UK is scheduled to depart the European Union (EU). Since …

United Kingdom

UK MTD – VAT landmine for large taxpayers

January 31st, 2018

The UK’s 2019 Making Tax Digital (‘MTD’) proposal, to require all business to store and report digital VAT return data, has largely been portrayed as targeting small/micro businesses. The aim of MTD to improve accuracy of submissions, and reduce fraud opportunities. However, MTD includes a requirement for a complete digital journey for data that will …

United Kingdom

EU warns UK on MOSS VAT credits

January 26th, 2018

The European Commission (‘EC’) yesterday warned the UK that it was not complying fully with the EU Mini One-Stop-Shop (MOSS) scheme. MOSS was introduced across the EU in 2015. It enables providers of paid-for digital services (streaming media, e-books, apps, online news, software etc) to report and pay VAT charged to consumers in other EU …

United Kingdom

Companies cutting UK exposure on hard Brexit fears

November 2nd, 2017

In anticipation of Brexit, 1 in 12 businesses are now planning to reduce their business in the UK compared to just 1 in 50 in 2016 The latest Avalara Brexit Survey first carried out in September 2016 with over 70 international tax and accounting professionals, also uncovered that 76% of those surveyed now anticipate a …


Norway SAF-T Jan 2018

October 25th, 2017

Norway is on course to introduce Standard Audit File for Tax (SAF-T) reporting obligations from 1 January 2018.  The detailed, electronic transaction reporting requirement, adopted across many European countries, will provide the tax authorities with details of VAT transactions for audit purposes.  Initially, companies will only be required to present SAF-T submissions to the tax authorities …


Polish live cash register requirements

September 27th, 2017

Poland is to introduce a new, centralised database to live record all cash based payments in shops, restaurants and similar outlets. This will include a new range of electronic point-of-sale registers which will be electronically linked to the database for instant reporting of transactions and VAT calculations. Data exchanged will include: price, VAT rate and …