Temporary domestic gas and electricity cut from 13.5% to 9% until 30 Apr 2025 Ireland has again extending the reduced 9% VAT rate on domestic gas and electricity. This latest
Technical specification issues delay Crea y Crece e-invoicing to at least 2027 or later Doubt on technical specifications being ready soon for the proposed Spanish B2B e-invoicing mandate means the
EU Working Party on Tax reviews Fiscal representation to encourage adoption of IOSS and close VAT fraud Proposals are being discussed on 1 October 2024 at the EU’s Working Party
What do the countries resisting the fashion for pre-clearance VAT e-invoicing know What do the countries resisting the fashion for pre-clearance VAT e-invoicing know? Why are they looking at alternatives?
Thai extends VAT exemption Thailand has extended the VAT exemption of cryptocurrencies such as Bitcoin. The new Royal Decree 788 came into force on 25 September 2024. It extends VAT
FATOORAH mandatory B2B e-invoicing sixteenth wave of Phase 2 from 1 April 2025 Zakat, Tax and Customs Authority (ZATCA) confirms the sixteenth wave of implementation of taxpayers to join the
2025 Budget may announce reimplementing GST to replace Sales and Services Taxes Malaysian press and financial analysts are reporting a possible announcement at the 18 October 2024 Budget 2025 announcement
Tourism VAT cut prolonged again for further six months till 30 April 2025 Uruguay has extended for the third time its reduced Value Added Tax rate for tourism services as
B2B Peppol structured e-invoicing in fight to combat VAT fraud Following the completion of a public consultation before the summer, the Cabinet of Ministers has confirmed a two-stage launch of
July 2025 Accounting Act e-invoicing legislation approved Parliament Estonia’s Parliament has approved on 18 September 2024 e-invoicing rule changes to the Accounting Act Amendment Act. This seeks to introduce optional
Hungary proposals to unlock agreement on VAT in the Digital Age The current president of the Council of the EU, Hungary, is seeking a compromise over the Estonian block of
Foreign providers liable to register and collect VAT on B2C electronic services The East African state of Federal Democratic Republic of Ethiopia extended VAT collection obligations to non-resident providers of
Calls for major reforms: Rate rationalisation; dispute resolution; input tax credits India’s Goods and Services Tax is up for reform.GST was implemented in July 2017, and gave the country’s internal
Annual sales threshold for mandatory VAT registration increases from €40,000 to €50,000 Croatia’s Parliament is considering a proposal increasing the annual threshold for Value Added Tax registration from €40,000 to
HMRC launches public consultation on electronic invoicing to government and businesses The UK Chancellor on 23 September unveiled a package of reforms to improve the UK’s tax system to help
VAT Gap cut from €6 billion to €3 billion with myDATA reporting, POS reporting and e-payments Greece is turning into the new poster child of anit-VAT fraud policies. Its Prime
Special scheme for small businesses; new fixed asset and stocks reporting; place of supply live streaming events On 18 September 2024, the Bulgarian Ministry of Finance (MOF) published a proposal
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