Blogs

Germany is proposing a range of measures (Bürokratieentlastungsgesetz II) to simplify the VAT compliance burden on small companies. These include: The annual VAT return will be due on 31 July of ...Continued

The prospect of a 2% VAT increase in France – from 20% to 22% - has been raised by presidential-favourite Francois Fillion. The former prime minister won last month’s Republican party nomination. H...Continued

Finland: There is a new VAT return in pdf form and we now support correction VAT returns. Austria: Negative amounts on the AT VAT Return in both PDF and XML will now trigger a warning when you ...Continued

Romania is still on course to reduce its VAT rate from 20% to 19% from 1 January 2017. This rate cut follows the 2016 reduction from 24% to 20%. Romania originally hiked VAT from 19% to 24% in 2010...Continued

Czech Republic:There is a new functionality to file a correction in VAT Book. Estonia: As of January 2017, the layout of the VAT return will change. The new VAT rate of 14% is shown in a new bo...Continued

Liberia has raised its VAT rate from 6% to 10%. There will also be a cut in the surcharge tax on telecoms services to 5%....Continued

Blockchain, the online public ledger technology that underpinned Bitcoin, has been the hot topic in business technology lately, because it has the potential to transform the way businesses manage and ...Continued

The Turkish 2104 VAT Law has been recently amended. Changes include: Bond purchases become VAT exempt An exemption from VAT on transportation costs for animal-related supplies Changes to th...Continued

Poland: VAT Return Correction effective August 2016 for VAT 7 Monthly. Latvia: There is a new VAT Return and annexes effective July 2016. Find out more information about how VAT Reporting ca...Continued

It looks almost certain that Poland will abandon a planned cut to its standard VAT rate from 23% to 22%.  The Polish Finance Ministry has now proposed no change before 2019. Whilst Poland has been ...Continued