VAT is changing for sellers of digitised services in EU on the 1st January, 2015.
There is a new VAT development which will be introduced as of a 1 January 2015. It will require any supplier of digitised services (which generally includes any internet based service) to consumers in the EU to register with HMRC in order to account for VAT where their customers are located.
The changes are compulsory and any business affected will have to register by 1 January so it is imperative that the practical and commercial implications of these changes are considered now.
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