Belgium – Quarterly VAT prepayments
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... Please Read More
France – Amazon letters on VAT obligations
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... Please Read More
Italy has announced new VAT reporting
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... Please Read More
EU – general reverse charge delayed
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... Please Read More
The Czech Republic – changes to VAT
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... Please Read More
EU – general reverse charge update
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... Please Read More
UK – changes to VAT
The UK 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,... Please Read More
The European Court of Justice (ECJ) says no to e-Book reduction in VAT
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... Please Read More
European Court of Justice (ECJ) new ruling on VIES number requirement
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... Please Read More