The ODA are holding a seminar on forthcoming VAT changes and how they will affect online dating sites.
Starting on the 1st January 2015, businesses involved with electronically supplied services to individuals will see changes to the VAT “place of supply” rules.
The briefing will be held alongside VAT specialists Grant Thornton UK, and will cover how sites can plan for changes, and ensure they are compliant.
Attendees will also be told how the changes work in conjunction with the extension of the EU One Stop Shop.
George Kidd, the chief executive of the ODA, said:
“Dating services cross borders with ease. Almost every dating company operates in more than one country and any that don’t probably will do very soon. The current Euro VAT rule says businesses pay based on where they are headquartered. That’s being replaced with one that says you must collect and pay VAT at the rates in place in each country where you have customers.
“Don’t get caught out — the ODA/Grant Thornton event is being run to help you understand and prepare for the change…and hopefully show how the tax-men work together to make this less of a burden than it might seem! Any business with international operations or international aspirations needs to make the time to come and get clued-up.”
The seminar is on Friday 14th November at 3.30pm, and will be followed by drinks.
It will be held at the Grant Thornton UK offices, at 30 Finsbury Square, London, EC2P 2YU.
This event is open to members and non-members of the ODA, please RSVP to firstname.lastname@example.org to confirm your place.