NEW EU VAT RULES

Due to the changes coming into force in just over 24 hours to the EU VAT rules many artists and labels have had to pull out of digital sales and particularly Bandcamp. Here is some news if you are interested as the consequences for digital music distribution and micro businesses are dire, that’s if you don’t want to go down the everything is free route..

HMRC UK

EU’s New #VATMOSS Rules Could Create A #VATMESS For Startups

New EU VAT regulations could threaten micro-businesses

Darkfloor Bandcamp page is really good at demonstrating the effects on micro labels

Sign the Petition  Uphold the VAT Exemption Threshold for businesses supplying digital products here

I don’t usually do this but this is important and affects all sellers and buyers of digital music, which means supporting Independent Labels and Artists.

Thank you for reading this.

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