HMRC has published the common currency exchange rates for 2020, which VAT mini one-stop-shop (MOSS) businesses registered in the UK can use when making declarations and payments to HMRC in pounds sterling.
The VAT MOSS provides a way for businesses that make digital supplies to private consumers in the EU to register and account for VAT to HMRC in the UK, instead of having to register for VAT in each member state where their customers are located.
HMRC has published the common currency exchange rates for 2020, which VAT mini one-stop-shop (MOSS) businesses registered in the UK can use when making declarations and payments to HMRC in pounds sterling.
The VAT MOSS provides a way for businesses that make digital supplies to private consumers in the EU to register and account for VAT to HMRC in the UK, instead of having to register for VAT in each member state where their customers are located.
