Richard Asquith - vatcalc.com

UK Supreme Court limits VAT recovery share sale costs

17 December 2025 in

UK Supreme Court confirms VAT recovery limits on share sale costs: Hotel La Tour appeal dismissed On 17 December 2025, the UK Supreme Court handed down its long-awaited decision in Hotel La Tour Ltd v HMRC, bringing to a close more than four years of

EU indirect tax reform update

17 December 2025 in

European Energy Taxation Directive

ECOFIN Dec 2025: EU Indirect Tax reform progress under Danish presidency On 12 December 2025, the Council (ECOFIN) approved its six-monthly report on tax matters, providing a snapshot of progress achieved under the Danish Presidency and the current state of play across several major EU

AI for VAT: Innovation under experts’ control

14 December 2025 in

Leading the responsible use of AI and Agentic AI in VAT technology VATCalc leads the market in responsible AI adoption for VAT, embedding AI and agentic AI within a single VAT determination and reporting application governed by codified legislation and expert tax oversight. Deep local

Latvia 2028 e-invoicing draft regulations

13 December 2025 in

e-invoicing

Cabinet Regulation sets out obligations for 2028 B2B e-invoicing mandate Latvia has issued detailed procedural regulations governing structured e-invoicing and data submission to the State Revenue Service (SRS), ahead of its planned 2028 mandate. The framework adopts EU standards (UBL 2.1 and PEPPOL BIS Billing

Swiss digital platform VAT deemed supplier on digital services consultation

9 December 2025 in

deemed supplier

Switzerland consultation on extending VAT deemed supplier to Digital Platforms and reforming mixed-supply taxation Switzerland has launched a formal consultation on targeted amendments to its Value Added Tax Act (LIVA), signalling a potential shift in the taxation of digital platforms and bundled services. The Federal

France rejects 2026–28 penalties grace period proposal for e-Invoicing

4 December 2025 in

e-invoicing

National Assembly rejects two-year soft-landing on penalties and deductability for 1 September 2026 e-invoicing mandate The French Parliament has rejected a two-year grace period amendment to the 2026 Finance Bill for the French e-invoicing and e-reporting, mandate The amendment had aimed at preserving business continuity and

France hunts for missing €10 billion VAT

2 December 2025 in

France

France’s great VAT vanishing act: Bercy points finger at multiple culprits to €10 billion VAT shortfall Move over Louvre jewel heist: France has a new national mystery. This time, the missing treasure is €10 billion in VAT revenue that has simply… evaporated. One minute the

EU latest VAT Gap 2023 €128bn – up €27bn

1 December 2025 in

EU VAT

2023 latest estimate of lost EU VAT widening by €27bn with mixed results across EU 27 On 11 December 2025, the latest estimate of missing VAT revenues across the EU 27 member states was published by the European Commission. This shows an increase in the

Slovenia B2B e-invoicing e-SLOG Jan 2028 update

27 November 2025 in

e-invoices

January 2028 mandatory domestic e-invoicing with 4-corner Peppol e-SLOG standard Slovenia's passed into law a mandate for B2B e-invoicing from 1 January 2028. The new local structured electronic invoice format, e-SLOG, is based on European EN 16931 standard. It only applies to resident businesses. The

UK Labour budget VAT measures

26 November 2025 in

Chancellor's Budget avoids floated VAT base rises VAT on private taxis; 2029 e-invoicing; gambling tax reforms; import customs threshold ends But other measures overlooked: cut to registration threshold; increase 5% or 0% rates; withdraw healthcare or banking exemptions; ; On 26 November, UK Chancellor, Rachel

Author: Richard Asquith

UK Supreme Court limits VAT recovery share sale costs

EU indirect tax reform update

AI for VAT: Innovation under experts’ control

Latvia 2028 e-invoicing draft regulations

Swiss digital platform VAT deemed supplier on digital services consultation

France rejects 2026–28 penalties grace period proposal for e-Invoicing

France hunts for missing €10 billion VAT

EU latest VAT Gap 2023 €128bn – up €27bn

Slovenia B2B e-invoicing e-SLOG Jan 2028 update

UK Labour budget VAT measures

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Author: Richard Asquith

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