The blog discusses the exclusion of Germany from the One Stop Shop (OSS) scheme, the reasons for exclusion, the consequences, and the steps businesses can take to rejoin the scheme after the quarantine period.
– Persistent non-compliance issues such as failure to submit VAT returns, non-payment of VAT, and failure to provide records
– Cessation of activities, such as no supplies for 8 quarters or notification of cessation
– Change in business location, such as moving from the non-Union scheme to an EU Member State
– Quarantine period of 8 quarters (2 years) during which the business cannot re-register for the OSS scheme
– Increased administrative burden of registering for VAT in each EU country individually
– Potential penalties and financial implications for late VAT payments
– Identify and rectify non-compliance issues
– Seek professional advice to navigate EU VAT regulations
– Maintain compliance during the quarantine period
– Reapply for the OSS scheme after the quarantine period, demonstrating improved compliance practices
Source: hellotax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
