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Is there a better way?
Key points
- After 1 January for sales of business-to-business services to EU clients the place of supply remains the EU country where the customer is based.
- The reverse charge will apply for businesses buying services from the EU.
- No VAT will have to be charged on many business-to-consumer services sold in the EU.
- The use and enjoyment override will apply in some situations.
The good news is that the rules for services will largely remain unchanged after 1 January 2021 but never rule out the prospect of some late announcements – an injury time goal in football language! The challenge is knowing what will and will not change – I will consider both questions in this article. How procedures will change for a GB business trading in goods that involves moving them between EU countries was the subject of my article ‘Goods post-Brexit’ (Taxation 8 October 2020...
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