Ministry of Finance confirms July 2024 to July 2025 B2B invoicing phased rollout; Full govt and Parliament approval needed Belgium’s Ministry of Finance has reconfirmed plans to commence mandatory B2B
Facilitating marketplaces services due even when non-taxable supplies British Columbia has confirmed services provided by to facilitate the sale or provision of non-taxable services are still subject to Provincial Sales
Withdrawal of CHF100,000 distance selling VAT registration threshold Switzerland is to follow the EU and many other countries by ending the VAT registration threshold for non-resident e-commerce sellers to consumers.
EP’s member services lays out procedures for ViDA progress ahead of 24 Oct 2023 ECOFIN vote The European Parliamentary Research Service has set out some of the issues in the
ECJ confirms 2011 implementing regulation of the European Council specifying that the operator of a platform, such as OnlyFans, is presumed to be the supplier of the services provided –
Ministry of Finance 2023/24 economic plan includes introduction of pre-clearance B2B e-invoices to tackle fictitious invoice fraud The Israeli Ministry of Finance has published its economic plan for public consolation
Northern Ireland Protocol replacement removes most customs controls; gives back many reduced VAT and excise rates powers to UK; and introduces ‘Stormont Brake’ to Northern Ireland Assembly to block EU
Reports of Italy’s Guardia di Finanza assessing €870 million VAT on users’ data offered to Meta (Facebook owner) as consideration for ‘free’ access to Facebook portal. Italian authorities are reported
From 1 September 2023, e-fatura invoices must include QR Codes The Turkish Revenue Authority is to require taxpayers to include Quick Response Codes (QR Codes) on the following tax documents:
B2G e-invoicing to be mandatory on ‘InvoiceNow’ Peppol-based regime The Singaporean government has announced plans to mandate B2G e-invoicing via it’s InvoiceNow platform. No clear deadline has been provided. Singapore
Annual VAT registration thresholds and Intrastat dispatches & arrivals The table below provides the latest European VAT registration thresholds for resident and non-resident (foreign) businesses, plus Intrastat reporting threshold. Note,
eVAT returns following OECD standard launch 2022 Norway replaced its bi-monthly Value Added Tax return with the OECD’s Standard Audit File for Tax (SAF-T) from 1 January 2022. This includes
UK may gain more powers over goods VAT rate setting under Northern Ireland Brexit renegotiation The UK government and EU are in advanced discussions to renegotiate the Northern Ireland Protocol.
Fifth extension of COVID-19 rate cut on non-alcoholic drinks, transport and some tourism The Ministry of Finance has announced a new prolongation of the cut to 13% on a range
EC paves way for increase from €65,000 to €85,000 from 1 January 2023 taking over 63,000 taxpayers out of the VAT regime The European Commission and European Council (20 Feb
Cut from 13.5% to 9% extended for third time until 31 August 2023 Irish Ministers are expected to confirm today that there will be a third extension of the hospitality
Jan 2023 latest provinces join national roll out of e-invoicing (e-fapiao) pilot Chongqing, Dalian, Qingdao, Shaanxi and Tianjin have joined in the national pilot of digital e-fapiao for taxpayers. Back in
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