Last updated on March 19th, 2021 - Brexit: A challenge that is creating opportunities The Brexit challenge If you’re an ecommerce merchant shipping to the EU 🇪🇺 or UK 🇬🇧, Brexit has probably seemed like a dark cloud over your business. Following Brexit, people in the UK that order products online now find themselves paying duty, VAT, and other fees from EU member countries, and vice versa...
UK VAT changes after Brexit, what does it mean for my business?
Last updated on March 19th, 2021 - UK updates VAT guidelines – post Brexit With the end of the Brexit transition period upon us, many merchants are scrambling to make sure they are prepared to continue selling goods into the UK 🇬🇧 without any issues. On January 1, 2021, the UK will be implementing a new VAT scheme, which will apply to any business that sells products into the UK. There is...
Non-resident ecommerce country taxation; a new trend in international trade
Last updated on March 19th, 2021 - Trend alert: Non-resident ecommerce country taxation In 2018, Australia came out with a law that requires non-resident businesses to collect and remit tax on their low-value sales into the country. Businesses must register with Australia in order to file and remit the collected tax each quarter. Australia decided to put this into place as a way to level the...
What’s new with Indonesia’s taxation law
Last updated on April 7th, 2021 - What’s new with Indonesia’s taxation law As an international retailer selling to Indonesia 🇮🇩, if you sell over 600 million rupiah (IDR) annually or if your website traffic exceeds 12,000 per year, you may be appointed by the Indonesia Director-General of Tax as a VAT collector. As of August 1, 2020, the Indonesian government does not clearly state...
What you should know about Norway’s VOEC scheme
Last updated on November 9th, 2021 - Learn about the upcoming Norway VOEC (VAT on Ecommerce) As of April 1st, 2020, Norway implemented a simplified VAT scheme called VOEC (VAT on Ecommerce). This new scheme replaces the current VAT exemption of 350 NOK on low-value imported goods to consumers. The tax de minimis changes for all goods to zero. VAT is applied to all items, regardless of value or...
