
Could your next eCommerce VAT Return contain errors?
The changes in the VAT rules for cross border sales to and from the EU are certainly creating chaos and confusion especially in the eCommerce sector. We are now 6 weeks into the new rules and I have seen an increasing number of posts on small business forums indicating that many small eCommerce businesses feel unprepared and uneasy. My concern is that the VAT Returns covering periods from 1 January 2021 have a high risk of misstatement. Up to 31 December 2020, eCommerce selle