Indirect tax – VAT & Customs / All

David Duffy, KPMG Indirect Tax Partner, summarises some recent ECJ decisions, including, Dong Yang Electronics on the meaning of the term “fixed establishment” and BlackRock Investment Management Limited on the VAT treatment of outsourced fund management services.

Adjustments for 2019 should be included in the May/June 2020 VAT return.

Taking stock from a Northern Ireland perspective.

Taking stock of where things are and what preparations businesses can be making in the coming months, with a particular focus on VAT & Customs actions that will need to be taken irrespective of whether an FTA is reached or not.

Suggested measures to reboot the Irish economy and promote economic recovery and employment over the medium to long term in response to the economic impacts of Covid-19.

Discussing how the EU’s VAT system will likely change between 2020 and 2025, during which time many of the measures contemplated in the European Commission’s Action Plan on VAT take effect.

Measures introduced to relieve the impact of COVID-19.

VAT changes taking effect on 1 January 2021 will have a significant impact for online retailers, marketplaces as well as postal, logistics and freight operators delivering those goods.

Taking a look at some of the immediate employee and wider tax related issues that are emerging for businesses coping with the effects of COVID-19.