The Commission has launched a web portal to help businesses to adapt to
the change in VAT rules that will enter into force in 2015. From 1 January, new
VAT rules come into effect for businesses selling telecommunications,
broadcasting and electronic services to final consumers. VAT will be charged
where the customer is based, rather than where the supplier is located. These
new rules will ensure a more level playing field for businesses and fairer
taxation rights amongst Member States.
In addition, a "Mini One Stop
Shop" will take effect. This will allow companies to make a single VAT
declaration and payment in their own Member State for all their intra-EU
transactions. The Mini One Stop Shop will, therefore, greatly simplify the VAT
obligations for companies as they comply with the new place of supply rules.
The web portal will facilitate businesses that opt to use the Mini One Stop
Shop, by providing information about the various VAT rules across the EU.
Member states have different standard VAT rates, different reduced rates and
different exemptions. The web portal is the solution to ensure that businesses
aren't overwhelmed when trying to figure out the VAT rate that should apply to
their sale. It is part of the continual and consistent effort made by the
Commission over the past few years to ensure that the new VAT rules are
introduced as smoothly as possible, and that businesses are fully equipped for
the change.
Further information can be found through the
Commission portal:
http://ec.europa.eu/taxation_customs/taxation/vat/how_vat_works/telecom/index_en.htm#new_rules