VAT in Europe - News

amavat | VAT De-Registration Service

Date15 Oct 2018

CategoryVAT Compliance, VAT OSS and Export

The VAT registration rationale requires to be reviewed on a continuing basis, as any changes to your business’ activity could mean the registration is actually no longer necessary. If this does happen, there would be […]

amavat | Retrospective VAT Registrations

Date12 Oct 2018

CategoryVAT Compliance, VAT OSS and Export

It is very important that your company registers for VAT at the correct time, in order to remove exposure to fines and interest, and to make sure that relationships with your customers operate smoothly. The […]

amavat | VAT Registration Guide

Date10 Oct 2018

CategoryVAT Compliance, VAT OSS and Export

Following on from our recent amavat® feature communication on our ‘VAT Registration Service’ let us go into a little more detail with our ‘VAT Registration Guide’. When you have an established company, it is possible […]

amavat | VAT Registration Service

Date08 Oct 2018

CategoryVAT Compliance, VAT OSS and Export

Dealing with overseas VAT registrations requires expert knowledge of local tax authority regulations and appropriate language skills if the process is to be handled successfully and the VAT registration number issued quickly. Given the expert […]

amavat | SERVICE INFORMATION

Date05 Oct 2018

CategoryVAT Compliance, VAT OSS and Export

Cross-Border VAT Guidance If your business is selling goods or services cross-border, and wants to trade successfully, it requires to meticulously understand the VAT implications of its transactions. amavat® using our experience and expertise can […]

Amazon.de easily the largest in Germany

Date04 Oct 2018

Categoryamavat Announcement - news

As per previously years, new research published by EHI and Statista has revealed that Amazon.de is by far the largest online shop of Germany. As the total turnover has reached 8.8 billion EUR in 2017. […]

Hungary and the VAT Rate on Internet Access Services

Date12 Feb 2018

CategoryVAT Compliance, VAT OSS and Export

Hungary applies the highest standard VAT rate in the European Union at 27%, which has remained unchanged for many years. However, for certain categories of goods and services considered essential, Hungary has progressively applied reduced […]

Bulgaria increases there Intrastat Reporting Threshold in 2018

Date08 Feb 2018

CategoryVAT Compliance, VAT OSS and Export

Bulgaria as of the 1st January, 2018 increased the ‘Intrastat Reporting Thresholds’ for both arrivals and dispatches. Arrivals threshold will be greater than before, increasing from BGN 410,000.00 to BGN 430,000.00 (approximately €220,000.00), with dispatches […]

Portugal’s February Tax Dates

Date07 Feb 2018

CategoryVAT Compliance, VAT OSS and Export

Conceito our Portuguese amavat® Partner Firm has put together an English document with generic* information regarding Portugal’s ‘Tax Calendar’ for February 2018. (also available in Portuguese below) Click here for English version Click here for […]

The EU Council issues its VAT priorities for 2018

Date07 Feb 2018

CategoryVAT Compliance, VAT OSS and Export

The Presidency of the Council of the EU, which is held in Bulgaria for the first half of 2018, has issued its priorities for indirect tax. These comprise of: Implementing the Norwegian agreement on administrative […]

There will be tax cuts, not tax hikes for Germany’s new coalition government

Date02 Feb 2018

CategoryVAT Compliance, VAT OSS and Export

Germany’s three political parties set to form the next governing coalition have agreed to decrease the solidarity tax burden, according to the text of the recently released agreement. This solidarity tax is a 5.5% surtax […]

Belgium adopts the ECJ’s position on unfinished invoices

Date01 Feb 2018

CategoryVAT Compliance, VAT OSS and Export

Belgium has implemented the recent ECJ jurisprudence regarding the right to subtract VAT on invoices with missing details. On the 12th October, 2017 the authorities published a circular letter 2017/c/64 summarising their clarification of recent […]

Luxembourg collects unpaid taxes from recent tax amnesty

Date31 Jan 2018

CategoryVAT Compliance, VAT OSS and Export

Luxembourg has collected over EUR30mln (approx. $36.7mln) in unpaid taxes in 2016 as a result of a tax amnesty scheme, Finance Minister Mr Pierre Gramegna has told parliament. Reacting to a parliamentary question, Mr Gramegna […]

Spain announced 4% transfer tax on P2P internet sales

Date30 Jan 2018

CategoryVAT Compliance, VAT OSS and Export

Spain has prolonged its ‘Impuesto de Transmisiones Partrimoniales’ (ITP) transfer tax to the sale by consumers of second-hand goods on the internet. If consumers are not VAT registered, then the 4% withholding tax relates. amavat® […]

Hungarian ‘live VAT invoice reporting’ will commence July 2018

Date30 Jan 2018

CategoryVAT Compliance, VAT OSS and Export

Hungary advised recently that ‘live VAT invoice reporting’ will proceed from the 1st July, 2018. The requirements relate to VAT invoices above HUF100,000.00. The timing of reporting has been tightened up since the last update, […]

Norwegian SAF-T delayed to 2020

Date29 Jan 2018

CategoryVAT Compliance, VAT OSS and Export

Norway will introduce an on-demand compulsory Standard Audit File for Tax (SAF-T) requirement for taxpayers from the 1st January, 2020. The introduction of the electronic tax transaction data reporting had been planned for 2018. SAF-T […]

Romania has implemented limited VAT ‘Split Payments’ from March 2018

Date26 Jan 2018

CategoryVAT Compliance, VAT OSS and Export

Romania has applied a limited VAT ‘Split Payments’ regime from the 1st March, 2018 in an attempt to reduce VAT losses and fraud. From the 1st January, 2018, Romanian taxpayers who are in financial difficulties […]

HMRC urged to temper new VAT penalties for online retailers

Date26 Jan 2018

CategoryVAT Compliance, VAT OSS and Export

HMRC urged to temper new VAT penalties for online retailers ‘ The Chartered Institute of Taxation (CIOT) is calling for amendments to a new government scheme to tackle VAT evasion to safeguard those that make […]