Taxi rides via digital platforms face shift in VAT rate from 8% to 23% Poland’s Director of National Tax Information has indicated that digital platforms facilitating taxi or ride-sharing are
Malta adds third reduced VAT rate Malta is to add to its existing 7% and 5% reduced VAT rates with a new reduced rate of 12%. There is also some
E-commerce marketplaces jointly and severally liable; due diligence requirements Belgium is considering a proposal to make digital platforms and marketplaces jointly and severally liable for their third-party sellers B2C transactions. This
2024 Budget renews electricity supplies VAT cut until Dec 2024 The Portuguese government’s 2024 budget proposes extending for a further twelve months the reduction in VAT on electricity supplies. The
1.5% DST on digital and electronic transactions Jan 2021 Sierra Leone introduced its Digital Services Tax (DST) from 1 January 2021. This was implemented via the 2021 Finance Act. The
e-Bright singles out VATCalc as number one Challenger in global tax tech community In its new global tax tech league tables, e-Bright, the tax education company, has named VATCalc top
2024 Budget reduced VAT on electronic and audio books to zero The 2024 Irish Budget includes a provision to reclassify the VAT rate on electronic books to zero. This brings
Following Brexit, UK’s Retained EU Law Act 2023 ends certain reliance on EU-derived rulings on VAT The UK will cut certain links to EU VAT derived legislation from 1 January
July 2024: Bringing VAT Act into line with EU VAT Directive and recent ECJ rulings The Slovakian Ministry of Finance has published a number of simplifications and other changes to
2024 increase from €40,000 to €50,000 for annual VAT registration threshold In the Latvian draft Budget, a proposed hike in the VAT registration threshold is set to rise from €40,000
Finance Ministry targets extra €2 billion VAT collections from digitalisation of reporting The Greek Finance Ministry is aiming to improve on the nearly 20% VAT gap losses in tax revenues
Further extension of VAT rate cut to natural gas supplies until 31 December 2023 Italy has gazetted an eighth extension to the super reduced VAT rate on the supply of
1 October 2023 top rate GST for online gaming, casinos and horse racing The Indian GST Council, which oversees the national Goods and Services Tax, has subjected online gaming, casinos
Drop of over 40,000 VAT registered business in past year The UK has experienced the first drop in the number of VAT and PAYE registered businesses since 2011. The number
As tax authorities mandate live VAT transaction reporting can tax engines tackle the new determination risks? Calculating the right VAT on complex and international transactions has always been a challenge
Strengthening e-commerce powers to tackle evasion; no new e-invoicing timetable In this week’s 2024 Finance Bill, there are a number of upgrades of powers and rules for the tax office
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