Richard Asquith - vatcalc.com

Global e-invoicing, SAF-T and pre-filled filings kill off VAT return?

15 February 2022 in

Continuous Transaction Controls

Tax authorities migrating from VAT returns to digital reporting requirements, including: e-invoices; real-time reporting; SAF-T; Control Statements; pre-filled VAT returns; freight transport e-registers; and fiscal cash registers Driven by stubborn VAT fraud and other missing indirect tax revenues – the EU VAT Gap is €136billion

Egypt VAT e-invoice – new companies 2022

15 February 2022 in

e-invoices

Egypt e-invoicing mandates further businesses Egypt is to open its e-invoicing regime to the sixth round of businesses on 15 February 2022. The project was started in November 2021 with 134 of the largest companies. The Egyptian electronic invoice system is a pre-clearance continuous transactions

VAT TV – EU Digital Reporting Requirements

14 February 2022 in

Single VAT Registration

Part 2 of our review of the EU 'VAT in the Digital Age' reforms Want to join the VAT TV subscription list? Sign-up here. Proposals to harmonise e-invoicing and live transaction reporting Watch other episodes of VAT TV here

Warning: Trying to access array offset on false in /srv/users/vatcalc/apps/vatcalc/public/wp-content/themes/vatcalc/liquid/extensions/aq_resizer/aq_resizer.php on line 135

Warning: Trying to access array offset on false in /srv/users/vatcalc/apps/vatcalc/public/wp-content/themes/vatcalc/liquid/extensions/aq_resizer/aq_resizer.php on line 136

Turkey cuts VAT on food to 1% as inflation escalates

14 February 2022 in

Inflation

Record inflation prompts temporary VAT cut to basic foodstuffs Turkey has become the latest country to temporarily cut VAT to combat inflation. The cut from the reduced rate of 8% to 1% will apply to: Fruit and vegetables Dairy Cooking oil This change should be

Kyrgyzstan VAT on digital services Jan 2022

12 February 2022 in

digital services

Kyrgyz Republic confirms non-residents subject to VAT obligations Kyrgyzstan has confirmed the obligation for non-resident providers of digital services that they are responsible for Value Added Tax obligations. This is separate from the new Kyrgyz 2% Digital Services Tax on resident providers of digital and physical

VAT TV – EU Single VAT Registration

10 February 2022 in

Single VAT Registration

How the EU wants to extend the Single EU VAT registration to all cross-border B2C and B2B transactions. Part 1 of our review of VAT in the Digital Age Want to join the VAT TV subscription list? Sign-up here. EU Single VAT Registration

2022 international VAT & GST changes

10 February 2022 in

2022 Goods and Services Tax

Global Value Added Tax and Goods and Services Tax changes for 2022 For regular free updates register for our global VAT and GST news. Below is a listing, with links for further details, of major VAT and GST changes coming. You can also check our trackers

Sweden COVID-19 VAT payment deferrals

10 February 2022 in

COVID-19

Rollover of 12 month VAT payments options The Swedish tax agency is offering resident taxpayers options around the postponement of VAT reporting and payments in the light of ongoing COVID-19 disruption. The package is essentially an extension of tax cashflow help the agency has been

Chile extends 19% VAT across services 2023

9 February 2022 in

Chile

Costs of ageing population forces broadening of VAT net Chile is to broaden the scope of services subject to its Value Added Tax regime from January 2023. This is one of a range of measures being introduced to meet the rising costs of the South

French Polynesia 1.5% levy

9 February 2022 in

Solidalitory Levy to fund corporate income tax cuts The south Pacifian territory of French Polynesia is to impose a 1.5% Solidatory Levy on VAT transactions from 1 April 2022. The Levy will apply to all taxable transactions subject to VAT. However, it will not be

Author: Richard Asquith

Global e-invoicing, SAF-T and pre-filled filings kill off VAT return?

Egypt VAT e-invoice – new companies 2022

VAT TV – EU Digital Reporting Requirements

Turkey cuts VAT on food to 1% as inflation escalates

Kyrgyzstan VAT on digital services Jan 2022

VAT TV – EU Single VAT Registration

2022 international VAT & GST changes

Sweden COVID-19 VAT payment deferrals

Chile extends 19% VAT across services 2023

French Polynesia 1.5% levy

Products

For customers

Get in touch

Newsletter

Newsletter

Author: Richard Asquith

Products

For customers

Get in touch

Newsletter

Newsletter

Subscribe