Italian government plans to increase VAT rates in 2018
Date10 Mar 2017
The Italian government has just announced that the standard VAT rate will rise from 22% to 25% as of 01 January, 2018. Also, there will be an additional increase of […]
France – changes in VAT
Date09 Mar 2017
French reverse charge for import VAT From 01 January, 2017, within a French VAT return import VAT will be allowed to be reverse charged, only if a license is obtained […]
Belgium ends monthly VAT pre-payments
Date08 Mar 2017
Taxpayers in Belgium will no longer be required to submit monthly pre-payments if already providing quarterly VAT returns. Currently, if a business’ annual turnover is below 2.5 million EUR and […]
Italy updates VAT filings
Date08 Mar 2017
New requirements for 2017 Italian filing obligations. This has been re-designed instead of being monthly payments and one annual return, it will now be changed to quarterly returns along with […]
Swiss cuts VAT rate 2018
Date07 Mar 2017
Switzerland had a temporary 8% VAT rate and may be now returning to pre-2011 rate of 7.7%. In 2014, in a public referendum the higher rate was voted in to […]
Italy tries to extend the VAT split payment mechanism
Date28 Feb 2017
Italy’s Finance Ministry has made an application to the European Commission (EC) to extend the VAT split payment mechanism. Since 2015, the EC has allowed the split payment mechanism in […]
Quarterly payments withdrawn by Belgium
Date13 Feb 2017
As from the 1st April, 2017, Belgium has withdrawn the obligation to file VAT quarterly prepayments on their VAT obligation. At present small businesses may opt to file only quarterly […]
Security deposit when registering as a VAT taxpayer
Date13 Feb 2017
The PiS government has introduced a new fiscal instrument to combat tax fraud, with the registration termination starting in 2017. The payment of a security deposit for the declaration of […]
Bank guarantee refund threshold has been raised
Date25 Jan 2017
The VAT refund thresholds have been raised where it requires a certified Italian audit or bank guarantee, this is up from €15,000 to €30,000. Most taxable people above this amount […]
ITALIAN VAT – Changes to VAT filings
Date17 Jan 2017
From 1st January, 2017, Italy has authorised (Law Decree 193) which is to introduce widespread new VAT filing requirements. Annual 2018 VAT Filing The 2017 Annual VAT return is now […]
Increase on ‘free allowance’ on small packages
Date16 Jan 2017
From 1st January, 2017, the VAT-free threshold has been increased by the UK for small packages being imported in the country, from outside of the EU. The previously maximum value […]
VAT Anti-Fraud Measures (Poland)
Date04 Jan 2017
From the 1st January, 2017 Poland introduced a range of anti-VAT fraud measures, these include: No longer are VAT registrations automatically granted as part of a business’ incorporation process VAT […]
VAT Registration Threshold Increased (Poland)
Date30 Nov 2016
From the 1st January, 2017 Poland increased its VAT Registration Threshold from PLN 150,000.00 to PLN 200,000.00. Poland received authorisation from the EU, which is required under the EU VAT […]
VAT e-Filings/online Filings (Poland)
Date24 Nov 2016
From the 1st January, 2017 Poland introduced compulsory online filings for a range of VAT-related submissions. The filings that are affected include: VAT-7; VAT; VAT-7K-7D; and the summary information for […]
The right to deduct VAT with a duplicate invoice depends on the reason to issue
Date14 Jan 2016
The moment at which the payment of duplicate invoices is made is determined by whether a business has received the original sales invoice and the invoice has been recorded in […]
An entirely new law on VAT will come into effect on 1st January 2016
Date11 Dec 2015
The lack of ability to obtain an advance ruling on individual tax rulings on sales VAT issues, meant for taxpayers they would be deprived of the only possible instrument to […]
Amazon sellers & VAT in Poland
Date05 Nov 2015
Many clients of getsix® are foreign Amazon sellers from other European Union (EU) countries or from outside the EU. getsix® handles the VAT registration process for these Amazon dealers in […]
Germany Intrastat threshold rise to €800,000
Date25 Sep 2015
German is to increase its Intrastat arrivals (Eingang) threshold from €500,000 to €800,000 per annum from 1 January 2016. There will be no increase to the dispatches (Versand) threshold of […]