Changes to VAT legislation 2020


Four Quick Fixes for simplifying cross-border trade within the EU have taken effect on 1 January 2020. These fixes aim to enable companies to harmonise their logistics flows in various countries and reduce their VAT reporting and registration obligations.

Impact on your company

If you are involved in (cross-border) trade, there is a significant chance that these VAT rules will affect your company. Many companies had to make changes to their ERP systems and operational processes (record-keeping, invoicing). On the other hand, the Quick Fix concerning transport allocation may, for example, lead to simplified VAT handling of chain transactions. Current VAT registrations and reporting obligations in other Member States may potentially be avoided. 

Answers to your VAT questions

Have you not yet completed the changes to your systems or processes? Do you have questions about the VAT registration obligations in a certain country in which you conduct business? The VAT specialists of Baker Tilly are thoroughly familiar with the latest developments concerning the international VAT system and would be happy to advise you. Feel free to contact us or read one of the articles written about the changes by our VAT specialists. The most recent article can be found at the top.

How can I help you?

Want to know what we can do for you? Just contact Baker Tilly, with no obligation, of course.