1. EVENTS
From 1.1.2011 the EU rules regarding VAT on events changed. The VAT position now varies according to where the customer is established and not according to where the event is held.
This means that on all fees for delegates, exhibition stands or sponsorship for events held on or after 1.1.2011 :
a. UK Companies: Pro Global Media Ltd is obliged to collect standard VAT at the current rate, regardless of where the event is held.
b. Companies in other EU countries: Pro Global Media Ltd will not have to collect UK VAT from companies established in another EU country. However, the EU customer will remain responsible under the 'reverse charge' system for paying and declaring any VAT due on the invoiced items under their own country's VAT system, regardless of where the event is held.
c. Companies not registered for VAT in any EU country: Pro Global Media Ltd will not have to collect UK VAT from companies not established or registered for VAT in any EU country, regardless of where the event is held.
2. ADVERTISING
The position regarding UK VAT on advertising in our publications or website has not changed and reflects the positions described in 1. above, according to where the customer is based.
3. PUBLICATION SALES
(i) Magazine subscriptions and print copies of our directories remain zero-rated (although non-UK EU companies should declare these under the 'reverse charge' system as described at b. above).