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René H4

New EU VAT regulations per July 1st 2021

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I have read more into it.

The regulation already existed, but Brussels is tightening the thresholds.

From july fist 2021, if your sales to other EU countries in total exceeds 10000 Euro's, you have to pay VAT in those countries.

Next to the issue is that the shopowner has to pay the VAT either through their local VAT system, or through an own VAT-id in EVERY country that is sold to:

there is the fact that the VAT has to be charged in LOCAL VAT percentage.

I am selling from the Netherlands, where we have 21% VAT and I have used that for more than 10 years now, for any sale.

Now I have to set up ZONE-ing for all percentages that are carried within the EU.

Who has dealt with this, and what was the solution?

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