UK Treasury & HMRC consult on VAT relief for Business Donations The UK HM Treasury and HM Revenue and Customs (HMRC) have launched a public consultation on introducing a new VAT relief aimed at encouraging business donations to charities. The proposed relief would apply to goods
Proposal to increase to €15,000 SME VAT registration threshold The Greek tax authorities are reported to be considering a rise in the VAT registration threshold for businesses qualifying for the Small and Medium Sized Enterprises (SME) scheme. The change would be from the current €10,000
1 January 2026 VAT non-resident providers of e-services replaces Withholding Tax From 1 January 2026, non-resident providers of digital services to Azerbaijani consumers will be mandated to register with the tax administration and levy 18% VAT. Currently, there is a voluntary VAT regime – where
Introduction of cash-free import VAT option promised Germany is likely to become the latest EU country to introduce postponed VAT accounting. This allows importers of goods into Germany to avoid a cash payment of import VAT; instead just making a declaration in their next German
Rise in the VAT registration threshold for non-resident providers of digital services From 1 April 2025, the Value Added Tax registration threshold for foreign providers of digital services to Taiwanese consumers was raised from TWD 480,000 to TWD 600,000 (approx $18,500). VAT was imposed non-resident
2024 elections fail to deliver mandate for introduction of VAT The Dutch Caribbean dependency has put on hold the introduction of VAT . This follows the December 2024 elections which AVP and FUTURO parties’ political agreement failed to settle on the replacement of the existing
Temporary increases 2016; new 15% rate 2028 The Dutch Spring Memorandum for the budget has been published which will introduced changes to the reduced VAT rate regime. Currently there is one 9% reduced rate alongside the 21% reduced rate. The reform is partially needed to
VAT Information Exchange System relaunches as database for intra-community digital reported transaction The European Commission is to launch in July 2030 a new version of VAT Information Exchange System (VIES) as part of the Digital Reporting Requirements DRR pilar of the EU VAT in the
