VAT in Europe - News

There are more than 800,000 online stores in Europe

Date23 Jan 2018

e-Commerce News along with data company, Dataprovider, have conducted research to find out how many online stores are currently in Europe. According to the research, there is a 98% accuracy in the measurements. In total, […]

VAT rate changes 2018

Date22 Jan 2018

CategoryVAT Compliance, VAT OSS and Export

VAT rate changes ’18 Below you will see a summary of the principle VAT rate changes in the European Union on 1st January, 2018. Country VAT Change Cyprus Imposition of 19% standard VAT rate on […]

EU update on VAT rules for eCommerce businesses

Date19 Jan 2018

CategoryVAT Compliance, VAT OSS and Export

The EU has recently declared new rules to help eCommerce businesses simplify how they account for VAT. These new rules apply to businesses selling both goods and services on a B2C basis and are intended […]

Update to Italian ‘Spesometro’ for 2018

Date18 Jan 2018

CategoryVAT Compliance, VAT OSS and Export

Update to Italian Spesometro for 2018 The reporting frequency for 2018 invoice listing (or ‘VAT Books’) submission (formerly ‘Spesometro’) has been changed by Italy, from quarterly to bi-annually. There will also be numerous simplifications of […]

The UK Brexit Customs and VAT Bill

Date17 Jan 2018

CategoryVAT Compliance, VAT OSS and Export

Last week, the UK Parliament had its second reading of the ‘Taxation (Cross Border Trade) Bill’, which lays the ground for the post-Brexit Customs, VAT and Excise regimes. The Bill was published on 20th November, […]

Simplification to Slovakian VAT registration

Date16 Jan 2018

CategoryVAT Compliance, VAT OSS and Export

From the 1st January, 2018, non-resident Slovakian businesses may side-step the responsibility to VAT register for intra-community transactions and distance sales from Slovakia. At present, foreign companies must apply for a Slovakian VAT registration, if […]

VAT split payments further delay by Poland to July 2018

Date15 Jan 2018

CategoryVAT Compliance, VAT OSS and Export

The introduction of ‘Split Payments’ will be delayed announced the Polish Ministry of Finance until 1st July, 2018. This anti-VAT fraud measure has already been delayed once since the original launch plan of 1st January, […]

Lawmakers reject proposed amendment to Brexit legislation

Date11 Jan 2018

CategoryVAT Compliance, VAT OSS and Export

Lawmakers in the UK reject proposed amendment to Brexit legislation A proposed amendment to Brexit legislation has been voted against by the lawmakers in the UK. This legislation would have replaced a clause seen as […]

Portugal – Budget Bill 2018

Date11 Jan 2018

CategoryVAT Compliance, VAT OSS and Export

Conceito our Portuguese amavat® Partner Firm has supplied a document rergarding the ‘Budget Bill 2018’. Click here for English version Click here for Portuguese version *might not be applicable to your organisation amavat® provides a […]

MEP’s back new anti-dumping rules

Date09 Jan 2018

CategoryVAT Compliance, VAT OSS and Export

MEP’s back anti-dumping rules The Members of the European Parliament (MEPs) have backed in support of new rules on dumping and subsidised goods from outside the European Union (EU). Dumping ensues when goods are sold […]

Portugal – A document rergarding the ‘Budget Bill 2018’

Date08 Jan 2018

CategoryVAT Compliance, VAT OSS and Export

Conceito our Portuguese amavat® Partner Firm has supplied a document rergarding the ‘Budget Bill 2018’. Click here to view. amavat® provides a one-stop-shop solution for VAT Compliance within Europe. We assist clients with a single […]

France updates anti-VAT fraud software from January 2018

Date04 Jan 2018

CategoryVAT Compliance, VAT OSS and Export

Further to our information on 6th October, 2017, regarding the introduction by France of an anti-VAT fraud software, the French tax authorities have decided to modify this condition in order to simplify it. This new […]

Amendment to retail export in Portugal

Date02 Jan 2018

CategoryVAT Compliance, VAT OSS and Export

The Portuguese 2018 Budget was presented to the Assembly in October, 2017. Part of this budget included an amendment to the retail export scheme, also known as ‘Tax Free Shopping’. This VAT retail export scheme […]

Belgium government praised for reforms to tax system

Date29 Dec 2017

CategoryVAT Compliance, VAT OSS and Export

Moody’s the international ratings has praised efforts by the Belgian Government to reform their tax system, and said that strong corporate tax revenues combined with prudent fiscal policy have strengthened the nation’s creditworthiness. Moody’s said […]

Netherlands Tax News

Date28 Dec 2017

CategoryVAT Compliance, VAT OSS and Export

Dutch increase reduced VAT rate Recently the Dutch coalition published their agreement, which has set out that there will be an increase to the reduced VAT rate from 6% to 9%. This reduced VAT rate […]

Best fiscal results in 5 years from Luxembourg, despite VAT revenue plunge from electronic services

Date27 Dec 2017

CategoryVAT Compliance, VAT OSS and Export

The recent Budget from Luxembourg’s government has shown they came close to balance in the first three-quarters of 2017, as revenue growth outperformed spending, even with a continuing sharp fall in VAT revenues following the […]

Finland defers import VAT from January 2018

Date22 Dec 2017

CategoryVAT Compliance, VAT OSS and Export

From 1st January, 2018 importers of goods from outside of the EU into Finland will benefit from an import VAT deferment. Going forward importers with a Finnish VAT number will no longer be required to […]

The Swedish authorities clarify VAT exemption for certain types of investment fund management services

Date21 Dec 2017

CategoryVAT Compliance, VAT OSS and Export

Swedish tax authorities have restructured their VAT guidance on services connected to investment funds, basically stating that providing management services to investment funds that deal with unit linked insurance plans, are not excused from VAT. […]