Blogs

The Arab Gulf state of Bahrain’s National Bureau for Revenue has updated the rules for taxpayers who wish to file just annual VAT returns. The threshold for qualification will now be BHD 100,000 per a...Continued

The UK’s HMRC has announced today that the 1 April 2020 second phased of Making Tax Digital for VAT has been postponed by one year until 1 April 2021. This is due to the COVID-19 outbreak....Continued

The Slovak Ministry of Finance has published proposed relaxation of Value Added Tax and other tax rules. This includes as extension of the VAT payment date, currently the 25th of the month following t...Continued

Iceland has announced Value Added Tax payment postponements to help businesses during the COVID-19 crisis. Companies will be able to apply for deferment of tax and VAT until 2021. Hotel taxes will be ...Continued

On 20 March, the Chancellor, Rishi Sunak, announced no UK business would have to pay VAT until after 30 June 2020. However, the measure has left many of the 2.1 million affected businesses confused o...Continued

The Estonian Tax and Customs Board has introduced a VAT payment delay for taxpayers until 1 May 2020. Value Added Tax will not have to be paid, but returns must be submitted as normal. Estonian return...Continued

Poland has changed policy on VAT payments for the COVID-19 crisis. VAT filings are due on the 25th of March, as normal. However, taxpayers may apply for a liabilities write-off or extension of the pay...Continued

The Vietnamese Ministry of Finance is to offer a five-month Value Added Tax deferment to assist with companies during the COVID-19 pandemic. The measures are targeting: small businesses; transport; ag...Continued

The Brexit transition period deadline of 31 December 2020 is likely to be extended as a result of the coronavirus epidemic. The U.K. may remain inside the Single Market, Customs Union and VAT regime...Continued

The Jersey Minister for Minister for Economic Development, Tourism, Sport and Culture has confirmed the island will offer deferred Goods and Services Tax payment schedules to assist with economic diff...Continued