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Category: EU

EU Single VAT registration – movement of own stocks – VAT in the Digital Age

EU Single VAT registration – movement of own stocks – VAT in the Digital Age

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3 options for simplification of treatment of movement of own stocks using the One Stop-Shop single VAT return to reduce multiple VAT registrations The European Commission (EC) is now reviewing three options to reduced the VAT registrations and compliance reporting costs on movements of own

European energy, petrol, diesel & food VAT rate cuts on inflation crisis

European energy, petrol, diesel & food VAT rate cuts on inflation crisis

in Tags

Eurozone energy inflation 38% April 2022; 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 rates on domestic energy, petrol and foods. Eurozone headline inflation hit 7.5% in April 2022, up