Topics Covered
- Block 1: Current special scheme for small businesses
- Block 2: New rules in force from 1 January 2025 due to new scheme for small businesses
- Block 3: Examples of the new schemes: (i) domestic and (ii) cross-border levels.
Learning Objectives
After watching this webinar, you will be able to:
- Learn about the provisions of the VAT Directive applicable to the current special scheme for small businesses
- Identify the issues and intricacies of the new rules that will apply from 1 January 2025 to small businesses that carry out cross-border transactions for which VAT is due in a Member State other than that in which they are established;
- Understand the complexities of the new scheme and its advantages or disadvantages; and
- Pinpoint the challenges and difficulties that the implementation of the new special scheme may present for different parties, specially for small businesses.
Instructors
Fernando Matesanz, Director of Spanish VAT Services Asesores; member of the EU Commission’s VAT Expert Group
Fabiola Annacondia, VAT Senior Principal IBFD; member of the EU Commission’s VAT Expert Group
Laura Alarcón Díaz, VAT Managing Principal IBFD (Facilitator)
Field of study
Who should participate
The webinar is suitable for small businesses, in-house tax professionals, tax lawyers and advisers, managers of businesses, government officials and academics.
Course level and prerequisites
This is an intermediate-level webinar. Participants in this webinar are expected to be familiar with the EU VAT system and the latest amendments to the VAT Directive.
Read the Council Directive (EU) 2020/285 of 18 February 2020 that amends certain provisions of the VAT Directive regarding the special scheme for small businesses by which a new system was introduced.
Interactive webinar – “Group Internet Based” (live webinar only)
During live webinars, it is possible to interact with the presenters via a chat message function. Please note that questions are answered based on relevance, order of receipt and available time. Additionally, participants in the live webinar are invited to answer poll questions. Participants will also have access to the on-demand version for a further 12 months from the live date.
Date of live broadcast: 12 December 2024
On-demand webinar
On-demand webinars are intended for individual self-study only. Unlike live webinars, they are not open to interactive participation nor do they offer the assistance of a real-time instructor. Access to on-demand webinars is granted for a period of 12 months.
Continuing Professional Education
Many accrediting organizations will grant continuing professional education (CPE) credit(s) for an IBFD audio-visual broadcast. It is advisable, however, that you check with your accrediting body as to whether this applies only to live
webinars or to on-demand webinars as well.
International Bureau of Fiscal Documentation (IBFD) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.
State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Webinar registration details
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