3. Who do the changes affect?
v SoEware
and
soEware
upgrades
v Web
design,
data
storage,
hosJng,
VoIP
and
content
v Music,
e-‐books,
films,
images
and
photographs
v Gambling
&
games
v Marketplaces
v Digital
goods
and
subscripJons
v Distance
teaching
&
training
eService
Providers…
4. The Change
Today
VAT
based
on
where
the
eService
Provider
is
located
Jan
1
2015
VAT
based
on
where
the
Consumer
is
located
6. What is the Change?
v You
need
to
idenJfy
the
country
of
each
customer
v You
need
to
find
two
pieces
of
non
conflicJng
evidence
v You
must
apply
the
VAT
rate
of
the
country
where
the
consumer
is
based
v You
need
to
remit
this
VAT
through
the
MOSS
7. How do I identify my customer?
Legisla;on
states
v IP
address
v Billing
address
v Bank
Details
v Mobile
country
code
v Other
commercially
relevant
informaJon
✔
✔
✔
✗
✔
8. Apply the VAT rate of the country
28
Member
States
Normal
&
reduced
rates
9. File & settle VAT through MOSS
v Mini
One
Stop
Shop
v Register
with
your
own
Tax
authority
v Log
on
@
h`p://www.hmrc.gov.uk/posmoss/
v Register
from
October
1st
v File
a
return
once
a
quarter
v Se`le
all
VAT
owing
with
your
tax
authority
10. The Gotchas
This
legislaJon
is
the
result
of
a
compromise…
v There
is
no
minimum
threshold
v You
need
to
store
all
data
you
collect
for
10
years
and
be
open
to
an
audit
from
any
country
in
EU
v There
are
different
invoicing
regulaJons
across
the
EU
v This
is
not
SEPA
–
There
will
be
no
extension!