New VAT rules for Online Marketplaces: Why sellers should still register for UK VAT
The UK has introduced new regulations making Online Marketplaces (OMP) liable for VAT payments and reporting in certain situations. According to the new rules, which take effect from 1 January 2021, OMPs will be liable for VAT payments on the sale of the following goods sold through the OMP: Goods delivered from inventory stored outside the […]