For non-EU sellers, the IOSS is possibly the most important aspect of the EU VAT reforms. Since the 1st of July, it has been possible for sellers to streamline their operations by submitting most of their EU VAT returns in one monthly return via the IOSS. This is likely to save a lot of time and money for both you and your customers. But what exactly is the IOSS? Is it right for you and, if so, how do you register for it? This article will answer all these questions and will even tell you how we can assist you in the process.
Source J&P Accountants
