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by blibble
3053 days ago
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the paperwork is a minor bureaucratic annoyance, it's not a significant problem the significant problem is now the fact that I have to register for VAT domestically if I want to to sell to people in other EU countries before if my turnover was below ~£70,000 I paid no VAT at all due to the exemption (giving me a competitive edge vs. big companies with better economies of scale) after the new regulations if I make any EU sales I have to either fill in VAT returns for EU member state I've sold to (not feasible, that would be hundreds of VAT returns/year in many languages), or register for domestic VAT which will handle that for me, but kills my business model the EU Commission doesn't see this as a significant problem, likely as it is a beneficiary of VAT (the VAT being an EU mandated tax) |
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