VAT TV March 2023 news
VAT TV March 2023 news
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Want to join the VAT TV subscription list? Sign-up here. March VAT & GST news and views
Belgium domestic heating VAT cut to 6% permanent
Belgium domestic heating VAT cut to 6% permanent
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Chamber of Representatives makes energy VAT cut permanent The Belgian 2023 Federal Budget has changed the temporary VAT cut from 21% to 6% permanent. There will also be reforms of the excise duties on gas and electricity. This covers: electricity, natural gas, heating fuels and
Bulgaria considers ending 9% VAT on catering and restaurants
Bulgaria considers ending 9% VAT on catering and restaurants
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Potential early ending to temporary VAT rate cut introduced at height of COVID pandemic Bulgaria is looking to bolster it’s finances with a range of tax changes, including ending from 1 July 2023 a temporary reduction in VAT rate on catering and restaurant services, as
Italy to consolidate VAT rates
Italy to consolidate VAT rates
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Italy tax reforms may consolidate 3 reduced rates to 2 As part of a sweeping range of tax reforms announced by the Council of Minister, there are plans to simplify the Italian VAT rates. There will also be changes and improvements to the rules on
French e-invoicing agents – Partner Dematerlialisation Platforms PDP’s
French e-invoicing agents – Partner Dematerlialisation Platforms PDP’s
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France’s July 2024 B2B e-invoicing launch sees a special role for independent e-invoicing agents – PDP’s Mandatory B2B domestic e-invoicing in France will start in July 2024. A pilot will start at the beginning of the year. Note: from 1 July 2024, all French taxpayers must
Bahrain VAT on foreign digital services
Bahrain VAT on foreign digital services
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On 1 January 2019, the Arab Gulf state of the Kingdom of Bahrain implemented Value Added Tax on non-resident digital or electronic services providers or marketplaces selling to consumers. This was the date when it implemented its 5% VAT regime as part of the Gulf
EU public consultation on eInvoicing Directive
EU public consultation on eInvoicing Directive
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European Commission calls for feedback on adoption and areas for improvement of standard electronic invoice format as VAT in the Digital Age reforms approach The European Commission is holding a consultation of the eInvoicing Directive 2014/55/EU which provides for a common European standard on eInvoicing
VAT TV – global news & views
VAT TV – global news & views
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Sign-up to our free VAT newsletter March VAT news Complex chain transactions with Gorka Echevarria Feb VAT news VAT in the Digital Age unpacked Proliferation of VAT & GST to 174 countries in 79 years Import VAT - instant onscreen calculations, legal citations and VAT
EU data agency reviews VAT in the Digital Age
EU data agency reviews VAT in the Digital Age
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EDPS backs personal data guards in EU’s ViDA reform proposals The EU’s independent European Data Protection Supervisor (EDPS) has provided an initial positive review of the European Commission’s VAT in the Digital Age reforms. In particular the Digital Reporting Requirements for the delivery of transaction
Croatia extends heating VAT cut till March 2024
Croatia extends heating VAT cut till March 2024
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Prolonged inflation leads Parliament to propose one-year extension of VAT reduction Croatia’s Parliament is reviewing a new tax code update that would prolong the cut in VAT on heating from 25% to 5%. Gas would also be held at 5% from its usual reduced rate