The implementation of the “VAT e-commerce package” will abolish the distance selling thresholds in EU countries starting July 1, 2021, making way for a single annual threshold of €10,000. Above this threshold, VAT must be declared and paid in the country of delivery if the goods were sold to a final consumer (B2C). VAT collected in various Member States can be accounted for through a single quarterly VAT return (OSS).
E.Finaxit will guide you from registration to the scheme through to the processing of VAT returns.
VAT on online sales of goods from non-EU countries delivered directly to final customers in the EU (B2C) can be paid using the IOSS system. E.Finaxit manages the entire process in a simplified manner.