Now online sellers can access a free tool for automating VAT and tax duties in Europe.
hellotax, the online VAT company for online sellers, is offering a free online tool for the management of the VAT and all related tasks. Since 20 June 2020, hellotax.com is offering this powerful tool for FREE to make handling the complexity of VAT in EU member states as easy as possible. With different rules, different languages and different representational requirements, accountants often struggle to make sense of it all and to handle cross-border returns and filings properly. This great new tool from hellotax offers a comprehensive solution. Covering all the aspects of VAT liability online sellers face in their day to day business.
One key aspect of the tool is the monitoring of the VAT threshold limits (DST) that need control to remain compliant. A series of notifications are in place to let online sellers know that an annual sales volume has triggered a threshold and give the opportunity to register and file for VAT in any given EU country, total compliance and peace of mind, directly in the software. The hellotax tool offers an easy understanding of the way VAT works and is fundamental to the success of the EU cross-border e-commerce allowing businesses to grow, increase competition to benefit consumers, and assure public tax collection and compliance.
With the FREE hellotax tool, all sizes of businesses are able to manage VAT in a simple, user-friendly environment, allowing greater focus on the more important parts of the business.
The tool offers a comprehensive set of features, both FREE and on subscription. This helps to manage the full VAT needs spectrum, through automation and personal service, such as the online registration assistant to ease paperwork to apply for VAT IDs, online marketplaces integration to automate sales data input, online VAT filings management, official correspondence clarification, translation and management, and VAT compliance, optimization features.