THE 2021 E-COMMERCE PACKAGE ON VAT: TAKING THE MINI OUT OF MOSS

The Chelco VAT International Academy through its Lead Instructor, Alexis Tsielepis, continues its series of high-level VAT educational events with a full-day webinar focussing on the 2021 e-commerce package on Value Added Tax (VAT).

From 1 July 2021, a number of amendments to the VAT law will start to apply across the EU, affecting the VAT rules applicable to cross-border Business-to-Consumer (B2C) e-commerce activities. The scope of the amendments represents a major overhaul of VAT law, particularly to the VAT regimes for distance sales of goods and the importation of low value consignments, especially when selling goods online from an electronic platform.

In addition, the way that B2C cross-border supplies of services are taxed will change. Where suppliers are not established in the EU, they will have to consider the EU VAT liability of supplying any B2C service to customers in the EU, through the non-Union One-Stop-Shop (OSS) scheme. Suppliers established in the EU will similarly use the Union OSS scheme for all their cross-border B2C services.

Using plain, easy-to-follow language and numerous practical examples, the webinar will cover:

  • An explanation of the new special provisions for sales conducted through an online electronic interface (new transaction of “deemed supplier”);
  • An explanation of the abolishment of the existing thresholds for distance sales and the replacement of the new EU-wide threshold of €10,000;
  • An explanation of the changes to the existing Union and non-Union schemes;
  • An explanation of the extension of the VAT Mini-One-Stop-Shop (MOSS) to other B2C services, to intra- Community distance sales of goods as well as to certain domestic supplies of goods, thus resulting in a bigger One Stop Shop (OSS);
  • An explanation of the new scheme for distance sales of goods imported from third countries of an intrinsic value less than €150 (the Import-One-Stop-Shop (IOSS));
  • An explanation of special arrangements in cases where IOSS is not used;
  • An explanation of new record-keeping requirements in all the above cases.

The webinar is targeted towards VAT professionals, VAT advisors, businesses involved in the cross-border sale of goods, especially if such sales are made through online platforms (such as Amazon or eBay), VAT Officers, accountants of all levels, auditors, bookkeepers et al.

The webinar carries 6 CPDs and will be split into four sessions of 90 minutes each.

Download the workshop brochure in EN.

AGENDA

8:45am – 9:00am Webinar Login
9:00am – 9:05am Welcome Address
Alexis Tsielepis, Instructor
9:05am – 10:30am
  • Introduction to the new rules and special schemes
  • Explanation of the Non Union Scheme (Non Union OSS)
  • Explanation of the Union Scheme (Union OSS)
10:30am – 11:00am Break
11:00am – 12:30pm
  • Explanation of the Import Scheme (IOSS)
  • Q&A
12:30pm – 1:30pm Lunch Break
1:30pm – 3:00pm
  • Explanation of the new Deemed Supplier provisions
  • Q&A
3:00pm – 3:30pm Break
3:30pm – 5:00pm
  • Analysis of new rules through Examples
  • Q&A
5:00pm End of Webinar

THE INSTRUCTOR

Alexis_236x236px

Alexis Tsielepis, BSc, FCA
Managing Director
Chelco VAT Ltd
E-mail: a.tsielepis@chelcoVAT.com

 

Alexis Tsielepis

Alexis is widely considered as the foremost expert on VAT in Cyprus. With more than 15 years of experience in VAT strategic consulting, he advises businesses on international VAT matters and lectures at local and international VAT conferences.

Alexis possesses an extensive vocational and educational experience in European VAT and a detailed comprehension of EU VAT matters and decisions of the European Court of Justice (ECJ). He has served on various committees charged with tax matters and his work includes liaising with the Cyprus tax authorities and government on policy making.

He has written a number of tax syllabuses, chapters and articles on matters pertaining to Cyprus and EU VAT. He is the author of the book “An in-depth analysis of the Fixed Establishment concept and a comparison with the Permanent Establishment concept”.

Alexis is a Fellow of the Institute of Chartered Accountants in England and Wales (ICAEW), and holds the Expert in European Value Added Tax Degree, which he earned with the highest grade ever awarded in the history of the coveted diploma. He is a Partner and a Director of the VAT Forum and teaches at various international VAT schools. He is also a co-founder and the Vice-Chairman of the Cyprus VAT Association (CYVA).

Alexis is sharing his knowledge on VAT, in a series of seminars and workshops organised by the Chelco VAT International Academy, covering an array of VAT-dedicated topics.

WHO SHOULD ATTEND?

Professionals dealing with VAT matters at all levels and in all industries, who would like to prepare for what lies ahead in VAT:

  • Businesses involved in cross-border sale of goods, especially through online platforms
  • VAT advisors
  • Auditors
  • Accountants & Bookkeepers
  • Chief Accountants
  • Financial Controllers
  • Tax Consultants
  • Tax Accountants
  • VAT Department Officers

WHEN, HOW & HOW MUCH?

THE 2021 E-COMMERCE PACKAGE ON VAT: TAKING THE MINI OUT OF MOSS

Date & Platform Zoom Webinar
Friday, 18 December 2020
Time 9:00am – 5:00pm (Login at 8.45am)
6 CPD Units (certificates of attendance will be provided)
Cost €250 + VAT
Group Discount (for 3 persons or more): 15%
Discount for ACCA/ACA students and members of the Cyprus VAT Association (CYVA): 20%

  • Please provide details in the Notes section of the Registration Form
Language English