One stop shop VAT calculation
Distance sales threshold was replaced by EU wide 10K threshold for digital services and goods.
That means that intra-community sales are subject to VAT in the EU country of destination.
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This EU-wide threshold was made for micro-businesses. When they sell less than 10K euro over Europe they may charge VAT rate applicable at their home country. For 99% of the other cases, the rate will be due at the rate of the destination country.
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This EU-wide threshold was made for micro-businesses. When they sell less than 10K euro over Europe they may charge VAT rate applicable at their home country.
For 99% of the other cases, the rate will be due at the rate of the destination country.
To simplify the reporting obligations due to this removal Mini one-stop-shop was extended to a One-stop shop for goods and services. Before such a scheme was available only for digital services.
One stop shop scheme is optional for e-commerce. If the company is registered for Union OSS scheme, they do not need to issue invoices for distant sales of goods. But bear in mind that the tax point for sales without an invoice – is a date when money is received. The same is also applicable for the supply of digital services. The simplification of invoicing rules is also optional: a company can choose to issue invoices, then the invoicing rules of OSS number will apply – for a business, it means domestic rules – it is also a simplification.