Budget proposes introduction of electronic invoicing The southeastern African state of the Republic of Namibia has announced plans to introduce a government-controlled VAT e-invoicing regime. This was included in the 2024/25 budget announcement. At this point, there are only plans to review similar regimes in
Standard Audit File for Tax SAF-T Harmonised transactional data schema for simplified exchange with tax authorities The countries below have implemented (or propose) the OECD’s Standard Audit File for Tax (SAF-T). This is an harmonised XML schema of company transaction data from accounting records for
Chief Economics Minister reconfirms VAT rise to 12% 2025 Following press speculation of a 2024 VAT rise, Chief Economic Minister, Airlangga Hartaro, has confirmed that the second-stage Value Added Tax increase from the current 11% to 12% will only come in January 2025. Airlangga said
ePG upgrades live cash register fiscalisation regime July 2024 The Hungarian tax and customs administration (NAV) has announced a four-year roll out of new electronic registers for retailers to live report transactions and VAT, and produce e-receipts. ePG is replacing a certified cash register requirement
Sales of goods from abroad subject to VAT The Angolan VAT Code now imposes tests on the VAT liability of foreign sales of goods to local customer. In two cases where the dispatch is m, the place of supply is determined to be Angola, and
Fiscal representation requirement for foreign providers of electronic services withdrawn The South African 2024 budget has proposed removing the fiscal representative requirement of non-resident providers of digital or electronic services to consumers. This obligation to appoint a local agent, who shares their foreign clients South
2024 VAT on non-resident providers of electronic services Zambia’s Ministry of Finance has amended the Value Added Tax Act to require foreign providers of digital or electronic services to consumers to VAT register, charge and remit taxes to Zambia Revenue Authority. This came into effect
