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UK HMRC delays construction VAT domestic reverse charge till Oct 2020

The UK has postponed plans to introduce the domestic reverse charge on VAT in the construction services industry. The move, which effectively takes the cash payment out of B2B transactions is aimed at...Continued

EU closes missing VAT Gap by €8bn to €138bn for 2017

The European Commission (EC) annual estimate of uncollected VAT, the VAT Gap, has reduced from €146 billion to €137.5 billion for 2017. This is 11.2% of total EU VAT revenues....Continued

Greek e-books and e-invoices myDATA 2020

The Greek tax office, AADE, is consulting with industry and accounting system providers on their proposed implementation of the myDATA electronic platform for taxpayers. This would create a standardis...Continued

France marketplace seller VAT reporting obligations

France has proposed expanding the marketplace third-party seller reporting requirements. This would include determining sellers’ foreign VAT registration status and obligation to charge French VAT und...Continued

Canada Quebec foreign digital service sales tax Sept 2019

Foreign providers of digital services to Quebec consumer must register for Quebec Sales Tax (QST) from 1 September 2019. Resident providers have been liable to charge QST since 1 January 2019....Continued

US 1 Oct Super Sales Tax Tuesday

On Tuesday 1 October 2019, the imposition of US sales tax obligations on foreign (‘remote’) sellers and marketplaces goes full throttle. This will include Texas, the country’s second most populous st...Continued

Portugal VAT invoice series number pre-clearance

Portugal is to tighten-up its e-invoicing requirements for 2019. It is implementing a range of requirements on B2B and B2C electronic invoices, including the requirement to obtain government-controlle...Continued

EU says UK exporters need Brexit EU and UK EORI’s

The European Commission has confirmed that in the event of a no-deal UK exit from the European Union on the 31 October, UK exporters to the EU will require an EORI number for goods movements. This is ...Continued

UK HMRC auto-enrols traders with EORI numbers for Brexit

The UK’s HMRC has announced today it will auto-enrol 88,700 businesses with Economic Operator Registration Identification (EORI) numbers to reduce delays on goods clearance post Brexit. Following the ...Continued

VAT

UK maintains e-books at higher VAT rates

The UK continues to not implement 2018 EU rules which permit a cut on VAT to e-books, audio books and online newspapers from 20% to zero. Many other EU countries have already implemented the harmonisa...Continued