Breakfast Business

VAT was introduced first in the 1970s as a ‘temporary tax’. 50 years later it raises over €1 trillion for European exchequers and is going nowhere.  Now the EU is looking at creating a Europe-wide way for companies to file their VAT returns for cross border sales digitally.  The Commission has included the payment service providers SumUp to its expert group and Anton Tsonev is the Global Head of Tax with SumUp.