Security deposit when registering as a VAT taxpayer
The PiS government has introduced a new fiscal instrument to combat tax fraud, with the registration termination starting in 2017. The payment of a security deposit for the declaration of... Please Read More
Bank guarantee refund threshold has been raised
The VAT refund thresholds have been raised where it requires a certified Italian audit or bank guarantee, this is up from €15,000 to €30,000. Most taxable people above this amount... Please Read More
ITALIAN VAT – Changes to VAT filings
From 1st January, 2017, Italy has authorised (Law Decree 193) which is to introduce widespread new VAT filing requirements. Annual 2018 VAT Filing The 2017 Annual VAT return is now... Please Read More
Increase on ‘free allowance’ on small packages
From 1st January, 2017, the VAT-free threshold has been increased by the UK for small packages being imported in the country, from outside of the EU. The previously maximum value... Please Read More
VAT Anti-Fraud Measures (Poland)
From the 1st January, 2017 Poland introduced a range of anti-VAT fraud measures, these include: No longer are VAT registrations automatically granted as part of a business’ incorporation process VAT... Please Read More
VAT Registration Threshold Increased (Poland)
From the 1st January, 2017 Poland increased its VAT Registration Threshold from PLN 150,000.00 to PLN 200,000.00. Poland received authorisation from the EU, which is required under the EU VAT... Please Read More
VAT e-Filings/online Filings (Poland)
From the 1st January, 2017 Poland introduced compulsory online filings for a range of VAT-related submissions. The filings that are affected include: VAT-7; VAT; VAT-7K-7D; and the summary information for... Please Read More