VAT in Europe - News

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. […]

Norwegian government proposes super reduced VAT rate

Date19 Dec 2017

CategoryVAT Compliance, VAT OSS and Export

In October, 2017, the Norwegian government presented its plans for the 2018 budget declaring an increase of the super reduced rate from 10% to 12%. This super reduced VAT rate applies to cultural services, for […]

EU Tax News

Date15 Dec 2017

CategoryVAT Compliance, VAT OSS and Export

Weaponising VAT in 2018! Brexit VAT fraud. Austerity restrictions. Arab states panic on VAT. Global tax wars. Brexit – Are you getting ready for Armageddon? The impending trading model for post-UK Brexit looks as uncertain […]

EC provides insight on important reforms of EU VAT

Date14 Dec 2017

CategoryVAT Compliance, VAT OSS and Export

EC provides insight on important reforms of European Union VAT The European Commission (EC) has circulated information on a new set of reforms to the current EU VAT framework, with the aim of tackling tax […]

Portugal – Flash Tax Information

Date14 Dec 2017

CategoryVAT Compliance, VAT OSS and Export

Conceito our Portuguese amavat® Partner Firm has supplied a ‘Country-by-Country Report (identification of the reporting entity): Ministerial Order No. 367/2017, of 11th December – Approves the Model 54 and its filing instructions. Click here or […]

The BCC calls for tax cuts

Date12 Dec 2017

CategoryVAT Compliance, VAT OSS and Export

The British Chambers of Commerce calls for tax cuts Ahead of the British Chancellor’s Autumn Budget in November, the British Chambers of Commerce (BCC) has urged the UK Government to take immediate action to rule […]

Portugal’s December Tax Dates

Date08 Dec 2017

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 December 2017. (also available in Portuguese below) Click here for English version | Click here […]

The Netherlands announces reduced VAT rate

Date07 Dec 2017

CategoryVAT Compliance, VAT OSS and Export

The Netherlands has announced a reduced VAT rate rise from 6% to 9% to pay for income tax rate cuts and band simplifications. The Dutch will reduce the number of income tax bands from 4 […]

EU Finance Ministers reach agreement on a series of e-Commerce VAT reforms

Date06 Dec 2017

CategoryVAT Compliance, VAT OSS and Export

At yesterday’s meeting of EU Finance Ministers (ECOFIN) they reached agreement on a series of e-Commerce VAT reforms. These proposals are aimed at simplifying the collection of VAT when consumers buy goods or services online. […]

Danish SMEs receive support to spot tax errors

Date05 Dec 2017

CategoryVAT Compliance, VAT OSS and Export

From the beginning of 2018, the Danish tax agency will introduce a pilot scheme to support small to medium sized enterprises on value-added tax and direct tax compliance matters. This new ‘VAT and tax check’ […]

UK government guidance for new tax avoidance penalty law

Date30 Nov 2017

CategoryVAT Compliance, VAT OSS and Export

Last month the UK government released guidance involving the new legislation that will introduce penalties for enablers of defeated tax avoidance arrangements. The Finance Bill (No. 2) 2017 legislation – presents a penalty for any […]

VAT in Italy will rise to 24.2% in 2019

Date28 Nov 2017

CategoryVAT Compliance, VAT OSS and Export

VAT in Italy will rise to 24.2% in ’19 On 31st October, 2018 Italy’s 2018 Budget (Manovra), sanctioned the postponement of 2018 VAT increase from 22% to 24.2%. The planned rises in rates, to support […]