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EU recommends VAT payment holidays for economic boost Covid-19 crisis

The EU’s European Commission (EC) has recommended that member states looking to provide businesses with immediate support during the coronavirus pandemic should consider Value Added Tax payment holida...Continued

UK reconfirms Brexit VAT postponed accounting 2021

In today's UK annual budget, the Chancellor, Rishi Sunak, reconfirmed that VAT postponed accounting will be available to importers at the end of the Brexit transition period. This will be 31 December ...Continued

Poland delays new SAF-T extension until July 2020

Poland is to delay until 1 July 2020 the extension for large enterprises of the existing SAF-T mandatory monthly filings. This is part of a range of measures to support businesses following the corona...Continued

UK cuts e-book VAT rate 1st Dec 2020

The UK Chancellor, Rishi Sunak, has today announced that the UK will harmonise the VAT rate on digital publications with those of printed equivalent which are set at nil. This will be effective from 1...Continued

EU July 2021 Marketplace deemed supplier EU VAT reforms

From 1 July 2021, online marketplaces which ‘facilitate’ the cross-border sales of third-party sellers will become the ‘deemed supplier’ on certain imports and cross-border sales to consumers. This wi...Continued

EU 2022 VAT rate setting freedoms

EU member states have provisionally agreed to free-up the rules on setting reduced VAT rates on goods and services – currently, they are tightly controlled by the EU VAT Directive. It remains unclear ...Continued

EU July 2021 Ending €22 import VAT exemption; new IOSS return

From 1 July 2021, EU states will withdraw the low-value consignment stock relief. This provides an import VAT exemption for goods at or below €22 originating from outside the EU being sold to EU consu...Continued

2018 Harmonised e-publications VAT rates

In October 2018, the EU Council agreed to allow member states to apply reduced or zero VAT rates to electronic publication income. This includes e-books, online newspapers or periodicals and audio boo...Continued

Netherlands risks missing 2021 VAT e-commerce package

The Netherlands government has warned that it may not be ready of the 2021 introduction of the EU. One-Stop-Ship single VAT return and marketplace obligations reforms. The two measures, along with the...Continued

UK MTD 2020 digital links extension from HMRC

On 1 April 2020, the second phase of UK Making Tax Digital (‘MTD’) for VAT programme will be implemented. HMRC has offered an option to apply for a further extension to this deadline if it can be show...Continued