VAT news tagged as "eBay"

United Kingdom

UK tackles £1.5bn e-commerce VAT fraud

March 16th, 2016

The UK’s Chancellor, George Osborne, announced today in his budget action on non-EU VAT fraudulent sellers on online marketplaces. This will include: The obligation of non-compliant non-EU sellers to appoint UK-based VAT representative and/or put bank guarantees in place.  The agents will be responsible for UK VAT registering the e-commerce sellers, and filing VAT returns and …

United Kingdom

UK acts on e-commerce VAT fraud?

March 14th, 2016

Ahead of this week’s UK budget, speculation is emerging that the Chancellor, George Osborne, will act to curb potential VAT fraud on goods sold to EU consumers by non-EU sellers on eBay, Amazon and other e-commerce platforms. There has been a great deal of publicity around the issue in the UK media recently. It has …