Blogs

The Italian tax office has provided further guidance on the 1 January 2019 extension of the Sistema di Interscambio (SdI) e-invoice reporting to B2C and B2B transactions. ...Continued

The UK government has approved the draft EU Withdrawal Agreement (‘WA’) and Political Declaration, negotiated with representatives of the EU27...Continued

Germany has extended the timetable for the implementation of consignment stock VAT registration simplification until the start of 2019....Continued

The European Commission has sent a letter of formal notice to Romania requesting it to withdraw its new VAT split payment regime on the ground of burdening honest businesses with unreasonable complian...Continued

On 9 November 2018, the German Parliament passed a new law making online marketplaces potential liable for unpaid VAT by third-party merchants on their platforms. ...Continued

Colombia is proposing that it cuts its VAT rate to help boost the struggling economy...Continued

Poland’s Ministry of Finance has announced that it will recategorise many supplies to within the current reduced VAT rate category. However, this will mean Poland will not go ahead with the return of ...Continued

Hungary has received permission to introduce an VAT registration threshold for businesses of HUF 12 million from 1 January 2019. This is approximately €48,000, based on the fixed exchange rate applied...Continued

HMRC announced today that it is opening the test pilot for its Making Tax Digital for VAT programme to the public.  However, HMRC also announced that it is deferring the MTD obligations for group VAT ...Continued

Bahrain is to introduce a 5% VAT from 1 January 2019. The following rules will apply to supplies contracted and supplied over the introductory period. Where invoices were issued, or payments made...Continued