VAT TV: VAT in the Digital Age unpacked
VAT TV: VAT in the Digital Age unpacked
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Want to join the VAT TV subscription list? Sign-up here. EU VAT in the Digital Age unpacked
EU addresses misuse of IOSS identification numbers in VAT fraud – VAT in the Digital Age
EU addresses misuse of IOSS identification numbers in VAT fraud – VAT in the Digital Age
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VAT in the Digital Age (ViDA) package tackles abuse of Import One Stop-Shop numbers and import VAT evasion Included within the EU VAT in the Digital Age reforms package announced
Vietnam COVID-19 VAT returns to 10% on key supplies 2023
Vietnam COVID-19 VAT returns to 10% on key supplies 2023
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2% temporary cut in VAT rate Feb to Dec 2022 expires Vietnam’s standard VAT rate on a range of supplies will return to 10%. Between 1 February and 31 December
EU VAT in the Digital Age ViDA delay 1 day to 8th December
EU VAT in the Digital Age ViDA delay 1 day to 8th December
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Read our ViDA reform predictions. EU VAT Directive amendments for Single VAT registration, digital reporting requirements (e-invoicing) and digital platforms' VAT role due 8 December 2022. The European Commission's ViDA
German VAT group rules – ECJ rulings
German VAT group rules – ECJ rulings
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Two cases call for loosening of requirements on VAT group rules The European Court of Justice (‘ECJ’) has provided two rulings* on three questions around German VAT Group rules. The
Hungary SAF-T mid-2023?
Hungary SAF-T mid-2023?
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SAF-HU may be launched mid-2023 following COVID-19 delay Hungary’s National Tax and Customs Administration (NAV) has launching a pilot of the OECD’s Standard Audit File for Tax (SAF-T). It has
VAT cuts as Europe inflation eases to 10% November 2022
VAT cuts as Europe inflation eases to 10% November 2022
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Eurozone energy inflation 35% (42% October); temporary VAT subsidies for domestic power, foods and other basics A fast-growing queue of European countries are emerging to cut their already reduced VAT
Maldives raises GST from 6% to 8% 2023 update
Maldives raises GST from 6% to 8% 2023 update
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Indian Ocean Island state increases GST and Tourism Tax from 1 January 2023 to finance debt costs The Maldives has passed a rise in the Goods and Services Tax from
Poland to extend food VAT cuts to June 2023
Poland to extend food VAT cuts to June 2023
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Zero-rating of basic foods to continue in first half of 2023 as inflation hits 18% The Polish Prime Minister, Mateusz Morawiecki, has stated that the rate of Value Added Tax
Estonia VAT cut on food and catering proposal
Estonia VAT cut on food and catering proposal
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Parliament review VAT rate cuts to food, restaurants and other services The Riigikogu, the Parliament of Estonia, is reviewing a Bill to reduce to the reduced VAT rate of 5%
Guernsey 5% GST decision
Guernsey 5% GST decision
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Guernsey to decide on implementation of Goods & Services Tax The Channel Island of Guernsey is considering implementing a Goods and Services Tax. There is a debate on the introduction
Lithuania to cut e-book VAT
Lithuania to cut e-book VAT
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Shift from 21% standard rate to 9% reduced rate; other reduced rate changes The Baltic state of Lithuania is considering in parliament a fill to reduce the VAT rate on
Netherlands has option to raise VAT registration threshold to €25,000
Netherlands has option to raise VAT registration threshold to €25,000
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€25,000 threshold limit backed by European Commission until December 2024; but threshold remains €20,000 The European Commission has proposed to allow the Netherlands to raise its VAT registration threshold to €25,000.
UK – Northern Ireland and EU Intrastat thresholds unchanged for 2023
UK – Northern Ireland and EU Intrastat thresholds unchanged for 2023
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HMRC confirms reporting thresholds for goods moving between EU and Northern Ireland will remain unchanged for 2023 The Northern Ireland to EU Intrastat thresholds for 2023 will remain at the
New Caledonia to simplify VAT rates
New Caledonia to simplify VAT rates
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General Consumption Tax simplifications The South Pacific French territory of New Caledonia is to simplify its TGV regime – VAT. The changes will include: Consolidating the existing four rates (11%
UK abandons Online Sales Tax plan
UK abandons Online Sales Tax plan
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UK Treasury abandons 2% Online Sales Tax on e-commerce goods and services In the latest Autumn Statement, the UK confirmed that it will stop its review of a potential online
Lithuania confirms various VAT rate cuts
Lithuania confirms various VAT rate cuts
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Parliament approves range of cuts to accommodation, catering, sports and e-books The Lithuanian Seimas approved on 22 November, a number of VAT rate reductions, as follows: Existing temporary reduction to
EU VAT in the Digital Age ViDA; what to expect
EU VAT in the Digital Age ViDA; what to expect
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ViDA – the most ambitious reforms to the EU VAT regime in decades will be unveiled on 8th December 2022. What should we expect? I’ve dusted off my crystal ball.