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VAT MOSS: Will I be affected by the EU VAT changes? Here are the facts for designers and artists

Rob Carney | Dec. 1, 2014
With the new EU VAT regulations, designers and artist who sell digital products online are faced with a world of tax confusion and seemingly unnecessary bureaucracy. We cut through the red tape.

Whatever you do, if you don't comply with the VAT MOSS regulation by 1 January and continue to sell digital products to customers in the EU, you'll be in big trouble — and could face an 'unlimited' fine. With the government promising more support for small businesses, you would hope that it will intervene (by introducing a threshold at least) and prevent many freelancers who have (not exactly lucrative, yet important and fulfilling) micro-businesses from canning their digital sideline projects.

 

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