VATLive > Blog

Blogs


UK £135 small parcel VAT portal opens for Brexit

The UK’s HMRC has opened the registration portal for foreign delivery companies to register post-Brexit VAT on consumer good parcels below £135. This new regime will be triggered under the current def...Continued

Portugal extends VAT settlement

Portugal is proposing to allow VAT registered businesses an additional five days to settle the VAT liabilities....Continued

UK HMRC - £13bn custom costs for no-deal Brexit

HMRC has estimated that 245,000 businesses will have to start completing import documentation for the first time after Brexit, costing them £6.5bn in administrative costs. The value of import tariffs ...Continued

Lithuania quarterly VAT returns for small businesses

Lithuania quarterly VAT returns for small businesses...Continued

Ireland Brexit import VAT postponed accounting

In preparation for changes on a ‘no-deal’ Brexit, the Irish government is proposing introducing an import VAT postponed accounting scheme. This would relieve importers of goods from the UK into Irelan...Continued

Netherlands lowers Intrastat thresholds

The Netherlands has lowered the 2019 annual thresholds for Intrastat reporting....Continued

Polish split payments Jul 2019

The Polish Ministry of Finance has set 1 July 2019 as the revised date for the introduction of mandatory VAT split payments on certain B2B trades....Continued

Austria marketplace VAT liabilities

Austria is to become the latest EU country to propose making online marketplaces responsible for the VAT of third-party sellers on their platforms. The earliest likely implementation date is January 2...Continued

VAT

Nigeria VAT rise

The Nigerian government has announced plans to raise VAT from 5% to 8% this year. The increase may still only apply to a range of luxury goods. This will be confirmed later in the year....Continued

VAT

Indonesia demands marketplace VAT data

Indonesia has become the latest country to require online marketplaces to share their third-party VAT data to help reduce fraud. From 1 April 2019, marketplaces will be required ...Continued