From 1 January 2015, the VAT place of supply rules are changing for EU businesses supplying telecommunications, broadcasting and electronic services to bring them into line with the rules for non-EU businesses. Such businesses supplying non-business customers will have to account for VAT where the customer belongs or where the service is consumed, rather than at their place of establishment. At the same time, the ‘one stop shop’ is being extended to cover both EU, as well as non-EU, businesses carrying out these services. The new one stop shop provides an opportunity to simplify VAT accounting for businesses supplying such services to consumers based in a number of EU jurisdictions.
