Wednesday, December 3, 2014
Vat for Knitting Professionals and Consumers
The issues around Vat are starting to bubble. I'm not knowledgeable about the topic so I'm going to post some links to the various sources I'm currently reading. If you know of others please add them to the comments. Most of these links include more links so you can delve into the topic as deeply as you wish.
What does this mean to pattern buyers in Europe...probably higher prices.
Patternfish Ravelry Group
Patternfish Information Page
Summary from Patternfish: Changes to VAT regulations that become effective January 1, 2015 only affect EU to EU sales (plus Switzerland and Norway). Put simply: if you are selling your patterns using Patternfish.com, nothing will change for you. You will have no additional responsibilities or collecting/reporting obligations.
Ravelry Shopkeepers Group