Italy online VAT recovery application for EU businesses
Italy is to allow EU businesses with an Italian VAT number to process a credit application through a new ‘direct refund procedure’. This follows a Court of Justice of the
Italy is to allow EU businesses with an Italian VAT number to process a credit application through a new ‘direct refund procedure’. This follows a Court of Justice of the
The UK’s changes of e-commerce VAT rules on the 1 January 2021 made online UK and non-UK marketplaces (OMP’s) liable for certain seller transactions. HMRC also set basic record-keeping obligations
From 1 January 2021, France raised the threshold for reclaiming the VAT on business gift expenditure. The threshold was increased from €69 to €73 per gift. The €69 limit was
The Tax and Customs Office of Portugal is to provide delays on VAT return and payment deadlines in recognition of the ongoing coronavirus economic and health crisis. In order number
Ghana is proposing an additional 1% addition to its existing Value Added Tax rate to help manage the worsening COVID-19 government deficit. This new “Health Levy” will help with expenditure
COVID-19 hospitality VAT rate cut tapering extension The UK has extended the temporary Value Added Tax rate cut to 5% on hospitality and tourism until 30 September 2021. It will
The UK’s HMRC is set to go ahead with Phase 2 of Making Tax Digital for VAT on 1 April 2021. This will require UK VAT registered businesses over the
On the 11 March 2021, the ECJ ruled Danske Bank A/S, Danmark, Sverige Filial v. Sweden. The Dansk ECJ ruling confirmed that a Swedish branch of a Danish Bank, Danske, was
On 11 March, Michael Gove, minister for the Cabinet Office, announced a further six-month extension on import declarations completions and border checks until 1 January 2022. This acknowledges the struggles
Update; The India e-invoice threshold was lowered to 20 Core 1 April 2022. The Indian Central Board of Indirect Taxes and Customs has lowered the annual sales threshold for mandatory
Slovakia and Poland have signed an automatic exchange of VAT data agreement. The agreement will facilitate transfer of transactional-level data to help both countries detect cross-border VAT fraud. Poland already
Updates listing of countries where taxpayers will not require special VAT agent for French VAT registrations France has published its list of countries where businesses without a French fixed establishment
The Brazilian Supreme Court has blocked the levying of state VAT on licensing, electronic transfer or downloading software. ICMS (Imposto sobre a Circulação de Mercadorias e Prestação de Serviços de
The EU’s European Commission has launched its latest public consultation on ending banking, insurance and other financial services’ exemption from VAT. In particular taxing fee-based services as opposed to interest-based
The latest version of Spanish SII live reporting, v1.1, was implemented for 1 July 2021. This included the following additional information: Quick Fixes The was mainly to accommodate the new
Afghanistan will not implement an international standard Value Added Tax regime until 21 December 2022. The previous implementation date was December 2020. There are 172 countries with VAT around the
Angola is introducing a Value Added Tax threshold of AOA 350 million per annum. Angola introduced its 14% VAT on 1 October 2019. This includes sales and imports. The Angola
On 1 January 2021, the UK ecommerce VAT rules changed on consignments not exceeding £135 and deemed supplier online marketplaces (OMP). This mirrored the 1 July 2021 EU e-commerce VAT
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