The VAT system in the EU is changing on January 1. The most significant development means that the place of supply of services changes from where the supplier is resident to where the service is received. Advisers from seven jurisdictions, including Norway and Switzerland which are not in the EU, discuss what the changes mean
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The new guidance is not meant to reflect a substantial change to UK law, but the requirement that tax advice is ‘likely to be correct’ imposes unrealistic expectations
China and a clutch of EU nations have voiced dissent after Estonia shot down the US side-by-side deal; in other news, HMRC has awarded companies contracts to help close the tax gap