An estimated 34,000 SME’s will be affected by new EU laws that changes the way VAT is applied to the sales of digital products. Even if your sales are less than the current VAT threshold of £81,000 per year, these new laws could affect your business.
From 1 January 2015, sales of digital products will have VAT applied in the country where the products are bought rather then the country where they are sold. This will apply to any digital product from ebooks and videos to digital frameworks and online courses. Continue reading New EU VAT Law For Selling Digital Products.