Do you know where you’re able to sell goods or services without establishing an entity? Or which jurisdictions make bad debt relief available to your business?

Pavlo Boyko returns (and trades places with Jacek for this episode), as the team discuss the effect of indirect tax rules and regulations on market attractiveness.

Download the Global Guide to Indirect Taxes.

Related: Digital Services Tax - a necessary evil?

Short on time? Skip ahead:

00:01 Pavlo in the driver’s seat

03:35 How indirect taxes have been used in pandemic times

07:50 What’s in the Global Guide to Indirect Taxes and what countries does it cover?

12:58 VAT registration, entity establishment, import taxes, duties and more areas that international businesses should consider

15:40 The most important questions for finance leaders focused on cost-cutting and revenue generation

18:30 A key import tax consideration for both big and small businesses selling goods

24:05 VAT recovery – why businesses shouldn’t just let it slide

27:43 Digital services taxes and why it’s an area of taxation to watch

34:55 Outro

** CREDITS **

Episode hosts: Jacek Szufan, Rob Hutchinson and Sylvia Petkova

Producer: Carlie Bonavia

Theme music: Roulette Wheel by JAM Studio, purchased from Shutterstock Music

Value Added Talk is a production of TMF Group.

Rob and Sylvia answer the most common VAT-related questions they’ve received since the UK left the European Union.

You can read their recent article here.

Have a question for the show? Email podcast@tmf-group.com or click here to make an enquiry with our international tax team.

Short on time? Skip ahead:

00:01 Intro

02:14 Key pain points for businesses since Brexit

06:33 As a non-established business, can I continue trading in the UK in 2021 as I did before?

08:50 As a non-established business, do I need a new VAT number for the UK?

10:13 As a UK business, can I still make refund applications for VAT incurred in the EU in 2020?

13:00 As an EU-based e-commerce business, do I need to do anything different in 2021, or can I continue selling to my customers in the UK as before?

15:03 As a UK business that is VAT registered in various EU member states, can I continue trading as before?

17:34 I’m a business established and registered in an EU member state, and I’m trading in the UK. I’ve incurred a substantial amount of UK VAT on invoices from suppliers. Can I still recover this VAT?

20:24 As a UK business selling digital services across a number of EU member states, can I continue using the MOSS scheme?

22:38 Key takeaways for businesses

24:00 Outro

CREDITS

Episode hosts: Rob Hutchinson and Sylvia Petkova

Producer: Carlie Bonavia

Theme music: Roulette Wheel by JAM Studio, purchased from Shutterstock Music

Value Added Talk is a production of TMF Group.

Jacek, Sylvia and Rob debate Deutsche Bank's proposal of a 5% per day working from home tax, and they explain why UK businesses selling to the EU should have a fiscal representative on standby, as Brexit negotiations continue.

Want to weigh in on future episode topics? Follow us on LinkedIn and leave a comment, or send us an email: Podcast@tmf-group.com

CREDITS

Your hosts are Jacek Szufan, Sylvia Petkova and Rob Hutchinson 

Producer: Carlie Bonavia

Theme music: Roulette Wheel by JAM Studio, purchased from Shutterstock Music.

Value Added Talk is a production of TMF Group.