04.28.22
Online sales tax for e-commerce
The UK Treasury is considering whether a 1% online sales tax needs to be applied on e-commerce goods and services.
The e-commerce trade has seen a radical increase – fuelled significantly by the Covid-19 pandemic- and it is no coincidence that the government is reviewing its fiscal measures at a time when e-commerce has grown exponentially over the past 2 years.
An open consultation to this effect has been launched from 25 February 2022 until 20 May 2022.
The proposal of the online sales tax aims to rebalance the taxation of the retail sector between online and in-store retail.
Information on the public consultation policy can be found via the following link.
Compliance is complicated
Want to learn more about how Tungsten Network makes the process of staying compliant easier?
Browse United Kingdom updates
Reporting for digital platforms from 2024
- Country updates
New VAT fuel scale charges
- VAT/G(S)ST rate information
Online sales tax for e-commerce
- Other applicable taxes
VAT hospitality rate
- VAT/G(S)ST rate information
Isle of Man Notice on Plastic Packaging Tax (PPT)
- Other applicable taxes
Temporary standard tax rate of 12.5%
- VAT/G(S)ST rate information
Extension of hospitality and tourism VAT reduction
- VAT/G(S)ST rate information
HMRC VAT identification validation checker
- Country updates
The UK extends its reduction of the VAT rate for tourism and hospitality
- VAT/G(S)ST rate information
Schedule a free consultation
Let us show you how we can support your business to send 100% compliant e-invoices in 54 countries. Please provide your details and one of our team will be in touch.