Greece hikes VAT on multiple home sharers
Greece hikes VAT on multiple home sharers
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VAT imposed on renters of three or more properties 2024; hike in ‘stayover tax’ Greece is to automatically apply VAT on sharing economy home renting where the provider offers three or more properties. The VAT rate on accommodation in Greece is currently 13%. This is
Indonesia VAT from 11% to 12% 2025
Indonesia VAT from 11% to 12% 2025
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Ministry of Finance reconfirms VAT rise to 12% 2025 Following press speculation of a 2024 VAT rise, the Ministry of Finance has confirmed that the second-stage increase from the current 11% to 12% will only come in January 2025. As part of the original Tax
Uruguay extends 13% reduced tourism VAT to Apr 2024
Uruguay extends 13% reduced tourism VAT to Apr 2024
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Toursim VAT cut prolonged again for further six months till April 2024 Uruguay has extended again its reduced Value Added Tax rate for tourism services as the economic effects of the coronavirus continue. VAT on hospitality services is normally 22%. This was cut to 9%
Germany brings forward 3 months ending of energy 7% VAT rate
Germany brings forward 3 months ending of energy 7% VAT rate
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Temporary energy VAT cut introduced with spiking inflation in 2022 is to end this year – 3 months early The German government is reported to be planning to end the temporary reduction from 19% to 7% for domestic energy on 31 December 2023. The current
VAT TV – global news & views
VAT TV – global news & views
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Sign-up to our free VAT newsletter September 2023 VAT news August 2023 VAT news July 2023 VAT news June 2023 VAT news May 2023 VAT news EU VAT in the Digital Age - which measures to survive? April VAT news March VAT news Complex chain
VATCalc named the top global tax tech ‘Challenger’
VATCalc named the top global tax tech ‘Challenger’
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e-Bright singles out VATCalc as number one Challenger in global tax tech community In its new global tax tech league tables, e-Bright, the tax education company, has named VATCalc top of its “Challengers” category. Contact us for a free demo. This is based on VATCalc’s
Cyprus extends VAT cut on essentials till 30 Apr 2024
Cyprus extends VAT cut on essentials till 30 Apr 2024
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Despite drop in peak inflation, government extends VAT cut on essentials until 30 April 2024 The Cypriot Council of Ministers has now approved a six-month extension to the temporary reduction in the reduced 5% and standard 19% rates on certain essential goods. The rate cut
Bulgaria quarterly cash reporting for VAT registered businesses
Bulgaria quarterly cash reporting for VAT registered businesses
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New quarterly reporting of cash and receivables from Nov 2023 Bulgaria’s 2023 Budget has imposed a new quarterly report for all VAT registered businesses to declare cash holdings and certain receivables. The submissions must be made by the end of the month following the reporting
Finland VAT on crowdfunding
Finland VAT on crowdfunding
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New guidance on VAT liabilities for crowdfunding, including peer-to-peer loans The Finnish tax authority has issued new tax guidance including the VAT issues for contributors to crowd-funding projects. Scope of the new guidance The taxation issues of crowdfunding are examined exclusively from the point of