Existing client offer only – VAT registration in Sweden
Date21 Oct 2020
Categoryamavat Announcement
Recently Amazon announced that they are targeting Northern Europe and following on from that an Amazon marketplace in Sweden within the next year. Currently, Swedish customers are directed to the...
Bulgaria increases there Intrastat Reporting Threshold in 2018
Date08 Feb 2018
CategoryVAT Compliance
Bulgaria as of the 1st January, 2018 increased the ‘Intrastat Reporting Thresholds’ for both arrivals and dispatches. Arrivals threshold will be greater than before, increasing from BGN 410,000.00 to BGN...
Portugal’s February Tax Dates
Date07 Feb 2018
CategoryVAT Compliance
Conceito our Portuguese amavat® Partner Firm has put together an English document with generic* information regarding Portugal’s ‘Tax Calendar’ for February 2018. (also available in Portuguese below) Click here for...
There will be tax cuts, not tax hikes for Germany’s new coalition government
Date02 Feb 2018
CategoryVAT Compliance
Germany’s three political parties set to form the next governing coalition have agreed to decrease the solidarity tax burden, according to the text of the recently released agreement. This solidarity...
Belgium adopts the ECJ’s position on unfinished invoices
Date01 Feb 2018
CategoryVAT Compliance
Belgium has implemented the recent ECJ jurisprudence regarding the right to subtract VAT on invoices with missing details. On the 12th October, 2017 the authorities published a circular letter 2017/c/64...
Luxembourg collects unpaid taxes from recent tax amnesty
Date31 Jan 2018
CategoryVAT Compliance
Luxembourg has collected over EUR30mln (approx. $36.7mln) in unpaid taxes in 2016 as a result of a tax amnesty scheme, Finance Minister Mr Pierre Gramegna has told parliament. Reacting to...
Spain announced 4% transfer tax on P2P internet sales
Date30 Jan 2018
CategoryVAT Compliance
Spain has prolonged its ‘Impuesto de Transmisiones Partrimoniales’ (ITP) transfer tax to the sale by consumers of second-hand goods on the internet. If consumers are not VAT registered, then the...
Hungarian ‘live VAT invoice reporting’ will commence July 2018
Date30 Jan 2018
CategoryVAT Compliance
Hungary advised recently that ‘live VAT invoice reporting’ will proceed from the 1st July, 2018. The requirements relate to VAT invoices above HUF100,000.00. The timing of reporting has been tightened...
HMRC urged to temper new VAT penalties for online retailers
Date26 Jan 2018
CategoryVAT Compliance
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...
EU Member States to work collectively to stamp out VAT fraud
Date25 Jan 2018
CategoryVAT Compliance
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...
VAT ‘Split Payment’ benefit questioned by the EU
Date24 Jan 2018
CategoryVAT Compliance
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...
VAT rate changes 2018
Date22 Jan 2018
CategoryVAT Compliance
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...
EU update on VAT rules for eCommerce businesses
Date19 Jan 2018
CategoryVAT Compliance
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...
The UK Brexit Customs and VAT Bill
Date17 Jan 2018
CategoryVAT Compliance
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...
Finland defers import VAT from January 2018
Date22 Dec 2017
CategoryFinland VAT
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...
UK Tax
Date16 Aug 2017
CategoryVAT Compliance
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...