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
More countries experiment with removing VAT cash payments to combat fraud Many countries are again evaluating split payments: the Netherlands and even the UK are undergoing evaluations and pilots. The VAT split payment mechanism is used across various regions to improve tax compliance, reduce fraud,
Digital Certificate to replace paper version by 1 July 2032 The EU’s Council on 18 February 2025 adopted the proposed Electronic VAT Exemption Certificate. The EC made the proposal in July 2024 to amend the VAT Directive to allow for a digital VAT exemption certificate.
VAT compliance and reporting rules in Ireland 2025 Below is summary of the major rules provided under Irish VAT rules (Value Added Tax Consolidation Act 2010; Statutory instruments; Finance Act 2016), plus adoption of EU VAT Directive provisions. Check our country VAT guides for other
Unified Revenue Service rolls out e-billing regime by March 2026 The Botswana 2025/26 budget has confirmed the implementation of a mandatory e-invoicing (‘e-billing’) regime to complete by March 2026. This will include online tax filing systems, online customs declarations, and electronic payment (electronic funds transfer).
2025 Budget announces plan to implement VAT collections on foreign providers of digital services Botswana’s 2025/26 Budget has brought into the VAT net the provision of digital services by non-resident providers to local consumers. The implementation date is to be 1 September 2025. Non-resident businesses
