EU Finance Ministers reach agreement on a series of e-Commerce VAT reforms
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... Please Read More
Danish SMEs receive support to spot tax errors
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... Please Read More
EU VAT Gap
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... Please Read More
The EU is moving forward with digital company tax plans
On 16th September, 2017, in Tallinn, Estonia, the EU’s Economic and Financial Affairs Council (ECOFIN) met to discuss ways to confront international tax challenges posed by the digital economy. (Mr... Please Read More
UK Tax
UK postpones tax technology plans George Osborne, the previous Chancellor of the Exchequer announced last year “the death of the tax return”. A new plan named “Making Tax Digital’ and... Please Read More
Germany has new Annual VAT return deadlines
The German authorities have confirmed an extended deadline for annual VAT returns, when these filings are done directly by the taxpayer, they will now be due by 31st July of... Please Read More
Poland VAT – Split Payments 2018
From the 1st January 2018, Poland will introduce a voluntary anti-VAT Fraud split payment mechanism. This system will ONLY apply on domestic transactions and will not affect invoice requirements. B2C... Please Read More
Poland – Automatic De-registrations
Over 35,000 businesses in Poland have been de-registered by the tax authorities in the last few months. This is expected to continue in the coming months as part of an... Please Read More
Decision from ECJ regarding penalties on reverse charge VAT
The ECJ gave its decision in the Farkas case (C-564/15), following the opinion published last November by the advocate general. The powers of Member States after this judgement have been... Please Read More