Changes to VAT for selling in different countries

Hi

I knew most will be aware of the current changes to VAT when selling to outside of your own country, but for newbies or those who were not aware, changes came into affect on the 1st January 2015, and VAT needs to be charged at the clients country rate, and not that of the sellers country, even if part of the EU.

As an example, I am in UK, and UK VAT rate is 20%, but if I sell to a client who resides in Italy, I need to charge VAT at Italy VAT rate, which is 22%, and I need to register with UK HMRC for outside country VAT, otherwise known as MOSS, and I need to account for the variant differing country VAT.

I hope that helps a little

Many thanks

John