UK tax authorities have updated guidance on UK VAT compliance and registering for VAT in the UK. According to HMRC guidelines, you are obliged to register for VAT in the UK if you are: A
Switzerland has introduced mandatory e-filing of VAT returns. As of 1 January 2021, any business registered for VAT in Switzerland must file VAT returns electronically. Swiss authorities have established an electronic system which allows for
Greece has announced that it will start implementing mandatory e-invoicing and e-books from 1 April 2021. Greece had previously intended to implement mandatory e-books submission in 2020. According to Greek authorities, they are delaying implementation
Germany has changed the due date of import VAT, a move that will provide welcome cash flow relief to importers. Previously, taxable persons had to pay import VAT within ten days of the import. The
UK businesses are exempt from VAT in many types of B2C transactions with customers outside of the UK. VAT exemptions apply to several services provided to non-UK customers, including advertising, financial services and consulting. However,
There have been some interesting developments regarding Brexit’s VAT implications of late. One of those is the UK and EU’s different views on how Northern Ireland should be treated for VAT. This week, HMRC published
It’s important for businesses outside of the UK (mainly those in Europe) to note the VAT changes of the sale of goods to customers that will come into effect post the Brexit transition period. This
Fine-tuning the UK-EU border control is one of the ways the UK Government is ramping up its preparations for the end of the transition period. The guide provides further details on how the GB-EU border
This week, HMRC extended its UK VAT rate cuts on hospitality and tourism to the 31 March 2021. Originally the VAT rate cut would be granted till 13 January 2021 but will now be extended