End of inflation spike means 2022 temporary zero-rating to be phased out The Spanish temporary zero-rating of bread, flour, certain types of milk, cheeses, eggs, and fruits, vegetables, legumes, tubers, and cereals is to be phased out as inflation returns from a 10.8% 2022 peak
Taxis and takeaway beverages to remain at 13%; onsite beverages returns to 24% The Greek Ministry of Finance has confirmed that the COVID temporary VAT rate of 13% on taxis and takeaway or delivery non-alcoholic beverages will now be permanent. They were due to return
2025 SME Special Scheme introduces pan-EU €100,000 registration threshold to reduce foreign VAT compliance burden The EU member states have agreed to extend the same VAT registration thresholds enjoyed by domestic businesses to EU businesses from other member states (non-resident). The aim is to encourage
Ahead of Sept 2026 B2B e-invoicing mandate, French likely to join 20 other national champions of Peppol standard France is likely to apply to become the French national authority, responsible for supporting and promoting the standards and network. Each country’s authority is appointed by and
Swiss ePortal FAQs on electronic VAT registration, payments and adjustments from January 2025 The federal cabinet of the Swiss Confederation, the Federal Council, has mandated electronic VAT compliance. This is done via an update to the Swiss VAT ordinances and Art. 65a VAT Act. From
July 2024: B2C 18% liabilities; reverse charge for B2B transactions Following the 2023 Finance Act, the Ministry of Finance has confirmed the obligations for registration of non-resident providers of digital services to consumer to VAT register from 1 July 2024 (originally April 2024). B2B supplies
Annual VAT registration thresholds and Intrastat dispatches & arrivals The table below provides the latest European VAT registration thresholds for resident and non-resident (foreign) businesses, plus Intrastat reporting threshold. The EU plans 2025 VAT registration threshold equivalence for SME taxpayers resident in other EU states.
2024-25 budget promises e-invoicing for all The Nepalese Finance Ministry’s 2024-25 Budget includes initial proposals for electronic invoicing for all businesses. 16th July is the new final wave implementation date for businesses with transaction of Rs 250 million per annum. The regime is controlled by
New structures for 2025 JPK_KR accounting reporting for transactional-level reporting for company and income tax The Polish tax authorities have publish new SAF-T CIT logical structures last week. From 1st January 2025, large businesses will be obliged to provide the Polish version of SAF-T –
