Since 1 January 2015, EU and non-EU businesses have been able to report their pan-EU sales of digital services to consumers via a single Mini One-Stop-Shop return. This may be filed in the country of establishment, or country of identification for third-country resident businesses. The
Luxembourg is to raise its VAT rate from 15% to 17% on 1 January 2015. The principality’s Value Added Tax rate remains the lowest in the European Union – albeit joint lowest with Cyprus. The following changes are made to the reduced VAT rates: 6%
The French government confirmed this week that the planned French VAT rise to 20% from 19.6% will go ahead on 1 January 2014. This will include the elimination of the 7% reduced VAT rate – with goods and services moving to either the 5.5% or 10% reduced
Italy is confirmed plans to raise Value Added Tax from 21% to 22% from 1 October 2013. The Reduced Rates will be: 10%; 5%; and 4%. Check global VAT and GST rates with VAT Calc’s tracker The rise was originally submitted in June 2011, and was
Companies able to join VAT groups in the Netherlands may be able to enjoy better recovery position. VAT groups enable related businesses to combine Dutch VAT inputs and outputs under a single VAT reporting number. If the companies are trading together, this can reduce the amount of
German is making a number of changes to its VAT code from 1 September 2013. You can check the right Germany, EU or worldwide VAT calculations on individual or batch transactions with our Advisor and Auditor services. In accordance with the new EC provision (Quick Reaction
Italy has updated the rules to entitle taxpayers to apply zero-rating on intra-community supplies. You can check the right Italian or other VAT calculations on individual or batch transactions with our Advisor and Auditor services. Sales (despatches) of goods from one EU country to another are
Euro currency crisis forces tax rises The Czech Republic has increased its Value Added Tax rate from 20% to 21% from I January 2013. It had only increased it to 20% from 19% in January 2010. The reduced VAT rate will also rise from 14%
Simplification of old 5% sales tax The West African state of Gambia has introduced Value Added Tax from 1 January 2013. The standard VAT rate is 15% This replaces the 5% Sales Tax, on a much wider tax base. Many basic foodstuffs will be zero-rated
Sales Tax replaced by IGI Value Added Tax Andorra has replaced its Sales Tax regime with a full Value Added Tax system (IGI (Impost General Indirecte) from 1 January 2013. For updated like this try our free registration for our global VAT and GST news.
