HMRC to host seminar on new VAT rules

14 Apr 2014 03:57 PM

HM Revenue and Customs (HMRC) is hosting a free seminar on 2 June 2014 to help businesses understand the incoming changes to VAT place of supply rules. 

The London event, organised with the support of the European Commission, will also cover the VAT Mini One-Stop-Shop (MOSS) business simplification system.

From 1 January 2015, businesses will have to comply with new VATplace of supply rules for those providing business-to-consumer broadcasting, telecommunications and electronic services (BTE).

Representatives from businesses who supply BTE to European Union (EU) consumers are invited to attend the event at the Queen Elizabeth II Conference Centre in Westminster. 

The incoming changes are twofold: 

• The new rules will shift the place of supply, and therefore taxation, for businesses supplying BTE services from the place where the supplier of the services is established to the place where the customer or located. 
• The supplier of these services will also have the option to account for theVAT due in any EU Member States where they are not established by means of a VAT MOSS.

Representatives interested in attending will need to register using the form in Annex 2 of the invitation document.