VAT in Europe - News

Italy – VAT split payments extended

Date28 Apr 2017

CategoryVAT Compliance, VAT OSS and Export

The European Commission has granted Italy approval to continue using anti VAT fraud split payments regime with state organisations, and to extend the measures to state-owned companies and stock market quoted companies. VAT split payments […]

BREXIT – UK VAT and potential tax opportunities

Date26 Apr 2017

CategoryVAT Compliance, VAT OSS and Export

The concerns around Brexit has been dominated by the potential negatives and uncertainties facing the UK economy as it arranges to leave the European Union. This has been compounded in recent weeks but the probability […]

VAT fiscal representative updated in France

Date24 Apr 2017

CategoryVAT Compliance, VAT OSS and Export

France has recently updated the list of non-EU countries whose businesses are required to appoint a French fiscal representative if they are French VAT registered. One of the countries which has been added is Argentina […]

UK – VAT split payment system

Date24 Apr 2017

CategoryVAT Compliance, VAT OSS and Export

Recently the UK government launched a consultation on the use of split VAT payments for the e-Commerce industry. This split payment mechanism consists of the customer paying the VAT share straight to the relevant tax […]

UK – VAT measures announced in the Budget

Date19 Apr 2017

CategoryVAT Compliance, VAT OSS and Export

The Chancellor announced in the UK Spring Budget new measures for tackling VAT avoidance and evasion, together with an increase in the registration and de-registration thresholds. VAT Avoidance The elimination of the use and enjoyment […]

Belgium – Quarterly VAT prepayments

Date18 Apr 2017

CategoryVAT Compliance, VAT OSS and Export

From 1st April, 2017 taxpayers who currently making quarterly prepayments for Value Added Tax (VAT), will no longer be required to do so the Belgian Minister of Finance, Johan Van Overtyeldt has announced. Going forward, […]

France – Amazon letters on VAT obligations

Date14 Apr 2017

CategoryVAT Compliance, VAT OSS and Export

Online businesses selling their products to French customers will have received a letter last week with a summary of all their sales in France during the last year. This letter clarifies that as from March […]

Italy has announced new VAT reporting

Date13 Apr 2017

CategoryVAT Compliance, VAT OSS and Export

Two interim changes have been ratified to the new 2017 VAT reporting regime by the Italian parliament. Formerly, Italian VAT registered companies normally paid monthly VAT due with an annual VAT return in the subsequent […]

EU – general reverse charge delayed

Date31 Mar 2017

CategoryVAT Compliance, VAT OSS and Export

The European Commission (EC) has put on hold the proposal for the voluntary introduction of the general reverse charge mechanism to combat VAT fraud. At this week’s ECOFIN meeting of European Union (EU) Finance Ministers […]

The Czech Republic – changes to VAT

Date24 Mar 2017

CategoryVAT Compliance, VAT OSS and Export

The following changes with proposed effectiveness from 1st April, 2017. The obligation to declare VAT in the case of a received advance payment will arise only in case that the related supply will be sufficiently […]

EU – general reverse charge update

Date23 Mar 2017

CategoryVAT Compliance, VAT OSS and Export

European Union (EU) member states have continued to discussion the planned introduction of an anti-fraud general reverse charge mechanism. In order to reduce VAT fraud, the EU is trying to enable countries to remove the […]

UK – changes to VAT

Date22 Mar 2017

CategoryVAT Compliance, VAT OSS and Export

United Kingdom raises VAT Registration Threshold On 8th March, 2017 the UK Chancellor announced in his Spring Budget that the annual VAT ‘Registration Threshold’ will rise from £83,000.00 to £85,000.00, with the ‘De-Registration Threshold’ also […]

The European Court of Justice (ECJ) says no to e-Book reduction in VAT

Date21 Mar 2017

CategoryVAT Compliance, VAT OSS and Export

The ECJ on 7th March, 2017 ruled (Case C-390/15) that e-Books are not entitled to the same reduction in EU VAT rates similar to printed books. The ECJ decided that having differing rates was not […]

European Court of Justice (ECJ) new ruling on VIES number requirement

Date15 Mar 2017

CategoryVAT Compliance, VAT OSS and Export

Recently the ECJ presented a ruling that will make registering in the VIES database more flexible, in order to allow an intra-Community supply to be zero-rated. In case Euro Tyre Bv (C-21/16), a Polish customer […]

Norwegian import VAT must be reported in VAT return

Date14 Mar 2017

CategoryVAT Compliance, VAT OSS and Export

From January 2017, Norwegian VAT returns must include import VAT amounts. Before this recent change, import VAT was reported separately in a form called ‘omsetningsoppgave for merverdiavgift’. The reason for this change is due to […]

Portugal changes excise duties on diesel and petrol

Date13 Mar 2017

CategoryVAT Compliance, VAT OSS and Export

The authorities in Portugal have announced changes to excise duties – an increase for diesel and a decrease for petrol. From 01 January, 2017, the applicable duties on (commodity code: 2710 19 41/9 – diesel […]

Italian government plans to increase VAT rates in 2018

Date10 Mar 2017

CategoryVAT Compliance, VAT OSS and Export

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 0.9% which will be made […]

France – changes in VAT

Date09 Mar 2017

CategoryVAT Compliance, VAT OSS and Export

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 from the French tax authorities. […]