From 1 January 2010, there will be significant changes to both VAT legislation and the way VAT is administered. Planning ahead will be crucial for these changes in order to remain compliant with the VAT rules and to avoid any penalties.
Please see the VAT changes factsheet for information on:
- new place of supply rules for services;
- EC Sales Lists for supplies of services;
- online submission of VAT returns;
- new VAT rate.