VAT Advisor ends the pain for complex cross-border transactions If you are selling cross-border goods or services – traditional or digital – you’ve got international VAT / GST questions: Who
VAT cut from 17% to 16% implemented; new 5% reduced rate added The East African state of Republic of Mozambique has cut its standard Value Added Tax rate from 17%
New penalties and interest regime for VAT return periods beginning 1 January 2023 The new UK VAT penalties regime for late returns and payments is now in place, with a
Delayed tax on overnight accommodation services introduced 1 January 2023 The much delayed Turkish 2% Accommodation Tax was implemented from 1 January 2023. Dec 2021: COVID-19 economic fallout puts back
European Commission (EC) proposes near real-time ‘post-audit’ model for 2028 Digital Reporting Requirements; rules out ‘pre-clearance’ reporting and approval by tax authorities of VAT invoices In its proposed Digital Reporting Requirements pillar
Rules around Spanish VAT liability on services provided to non-EU customers refined to ensure VAT nuetrality The Spanish VAT rules have been refined in the 2013 Budget to limit the
How many missed the true benefits of VAT automation built on modern cloud technology Whilst some global VAT tech providers have migrated into the cloud to meet customer scale and
ViDA reforms to EU VAT reporting and invoicing get underway this year as member states consider the most important reform proposals in 30 years On 8th December 2022, the European
Transactional data report postponed one year to 2024; first filing due in 2025 to cover 2024 Portugal’s Autoridade Tributária e Aduaneira (AT) is to make compulsory the production of a Portuguese Standard Audit
304 countries, states, provinces and dependancies VAT, GST and sales tax rates VATCalc‘s searchable database provides the most comprehensive free source of global VAT, GST and sales tax rates. The
State Tax Service updates SAF-T UA template for large taxpayers Since October 2021, large taxpayers have been able to voluntarily use the tax office’s downloadable template for reporting transaction-level data.
Hikes in intra-community goods arrivals reporting 1 January 2023 Cyprus has increased the annual thresholds for Intrastat arrivals reporting. This is the monthly declarations of goods’ movements across EU member
Guinea-Bissau, Palau and Suriname introduce VAT or GST 1 January 2023 Three new countries will implement Value Added Tax or Goods and Services Taxes in the new year. These are:
Transaction data based on myDATA submissions now available for 2022 filings onwards The Greek tax office, AADE, is now offering voluntary pre-completed VAT returns for taxpayers to use. This covers
Six months’ VAT zero rating on basics follows ongoing reductions on gas rates The Spanish government on 27 December 2022 announced VAT cuts on certain goods between 1 January and
Jan 2023 published lowering of e-invoicing threshold will not go ahead; threshold remains ₹10 per annum The Indian Central Board of Indirect Taxes and Customs (CBIC) has refuted reports of
FATOORAH mandatory e-invoicing 1 January 2023 for large taxpayers; follows Dec 2022 voluntary phase ZATCA confirms 1 July 2023 next wave for mandatory e-invoicing Saudi Tax and Customs Authority (ZATCA) on
2023 implementation of VAT includes on non-resident providers of e-services The northeastern South American state of Suriname VAT implementation on 1 January 2023 includes an obligation for non-resident providers of
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