HMRC urged to temper new VAT penalties for online retailers
Date26 Jan 2018
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...
Reading time: 5 min
EU Member States to work collectively to stamp out VAT fraud
Date25 Jan 2018
European Union Member States to work collectively to stamp out VAT fraud Towards the end of 2017 the European Commission released new tools intended to make the European Union’s value-added...
Reading time: 7 min
VAT ‘Split Payment’ benefit questioned by the EU
Date24 Jan 2018
VAT Split Payment benefit questioned by the EU A European Commission study into the benefits of ‘Split Payments’ as a VAT collection tool, aimed at battling VAT fraud, has cast...
Reading time: 2 min
VAT rate changes 2018
Date22 Jan 2018
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...
Reading time: 2 min
EU update on VAT rules for eCommerce businesses
Date19 Jan 2018
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...
Reading time: 3 min
The UK Brexit Customs and VAT Bill
Date17 Jan 2018
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...
Reading time: 2 min
Portugal – Budget Bill 2018
Date11 Jan 2018
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...
Reading time: 1 min
Portugal – A document rergarding the ‘Budget Bill 2018’
Date08 Jan 2018
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...
Reading time: 1 min
Belgium government praised for reforms to tax system
Date29 Dec 2017
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...
Reading time: 2 min
Finland defers import VAT from January 2018
Date22 Dec 2017
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...
Reading time: 1 min
EU Tax News
Date15 Dec 2017
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...
Reading time: 4 min
Portugal – Flash Tax Information
Date14 Dec 2017
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...
Reading time: 1 min
Portugal’s December Tax Dates
Date08 Dec 2017
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...
Reading time: 1 min
EU Finance Ministers reach agreement on a series of e-Commerce VAT reforms
Date06 Dec 2017
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...
Reading time: 2 min
Danish SMEs receive support to spot tax errors
Date05 Dec 2017
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...
Reading time: 1 min
EU VAT Gap
Date17 Oct 2017
The EU recently announced the latest analysis of missing EU VAT (the ’VAT Gap’) from fraud, bankruptcies and poor administration, has fallen to €151.5 billion in 2015, comparing to €160...
Reading time: 2 min