How can IOSS be used to simplify trading with the EU?

Join tax compliance company Avalara for a webinar as they cover IOSS & selling into the EU, on Thursday 30th September at 11am.

The ACT and ActSmart work closely with other members of the Independent Retailers Confederation (IRC) to develop and share best practice among associations and their members engaged in the independent retail sector.

Following a meeting between the IRC and Paul Scully MP, Business Minister, a solution was identified for independent businesses meeting barriers when exporting to the EU.

This session is designed to help you understand the new EU VAT reforms and simplify your EU VAT compliance process.

• EU VAT Reforms
  
• What is IOSS?
  
• IOSS Process flow
  
• Benefits of IOSS
  
• How Avalara can help simplify trading in the EU

Speaker:

Matthew Harrison - Director, Avalara

With nearly 10 years experience within the tax space, Matthew Harrison is one of Avalara's top VAT solutions specialists. Having worked as both a Senior Tax Manager and a Consultant, Matthew has both the in-depth VAT knowledge twinned with a unique perspective to understand the impact tax changes have on businesses.

How you'll benefit from Avalara:

• Access to Avalara's team of indirect tax experts who are recognised as one of the fastest-growing and most trusted names in tax compliance.
  
• Insight into tax legislation changes and thought leadership content.
  
• Guidance on how to approach compliance and optimise processes when selling internationally.
  

Taxamo Assure platform

Alternatively, for low volume sales, there is also the Taxamo Assure platform, where a business pays the VAT due and £2.00 per order processed, most companies are now including all or part of the £2.00 fee within the shipping costs to reduce losses and to ensure they are still able to supply their European customers.

The solution is simple, and the only charge is when you make a sale: The IOSS VAT Terminal allows you to make EU Order VAT payments quickly and easily without having to integrate into your website or pay an expensive fixed monthly management fee. It is an online service you login to each time you have an EU order.

Once setup you enter basic order details (order value, shipping cost and product list, see below) and the Terminal calculates any VAT due and allows you to pay it directly to the EU. This then gives you an IOSS number for customs data so that your orders can be delivered duty paid, avoiding delays and additional charges a customer may face.

Mat, from GCA Member Dean Morris Cards, is very happy to talk to business's about this, and is able to set them up with this system. For more information and to contact Mat visit the demo site https://www.deanmorriscards.co.uk/ioss/

Useful links

• Find a shop
  
• Best Small Shops competition
  
• Jobs board
  

If you have any other queries please contact us.