THE
bISME USEFUL EVENTS FOR SMES Enterprise Ireland: Building an Innovation Culture Thursday 31st August & Tuesday 21st September Register here Tuesday 28th September & Tuesday 19th October Register here Dogpatch Labs - First Fridays for Start-ups Friday 3rd September Book here
T H E B U S I N E S S O F I R I S H S M Es
InterTradeIreland - Go to Tender Supplies & Services Workshop Tuesday 21st & Wednesday 22nd September, 9.30am 1:00pm Book here Sustainability Summit & Content Series Action the Change Wednesday, 22nd September Free registration here InterTrade Ireland Go to Tender Supplies & Services Workshop Wednesday 20th & Thursday 21st October, 9.30am - 1:00pm Book here
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The b News
VAT for Cross-Border E-Commerce Transactions Change The European Commission announced on 28th June 2021 that e-commerce taxation rules will change. The new VAT rules for online shopping will be in force from 1st July in order to both simplify cross-border e-commerce and ensure greater transparency for EU cross-border shoppers when it comes to pricing and consumer choice. The new rules will apply to all below outside the EU/EEA: •
online sellers
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online marketplaces/platforms
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postal operators and couriers involved in online deliveries
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customs and tax administrations applying the tax regimes for online purchases
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individual consumers i.e., customers shopping online
New rules in summary mean: •
VAT is now charged on all goods entering/imported into the EU from non-EU countries, irrespective of value.
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All e-commerce sellers based within or outside the EU/EEA, selling directly to consumers or via online marketplaces, need to have an EU VAT registration and pay VAT for all of their EU sales.
For consumers, this means that VAT will feature as part of the total price paid directly to the seller, at the time of purchase. •
The consumer factsheet on the changes can be found here.
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More about the impact of these changes here.
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Read the Irish Revenue Commissioners’ update on the changes here.
SUPPORT SCHEME FOR ENERGY AUDITS The SEAI has launched their Support Scheme for Energy Audits. The scheme offers a voucher of €2,000 for eligible SMEs to enable them to get a high-quality energy audit from a Registered Energy Auditor. You can read full details about the scheme on page 24 and visit the SEAI website here.
