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EU-VAT gap report

The 2016 VAT gap report for the 28 EU member states has recently been released

September 28, 2018
UK-Implications of a 'no-deal' Brexit

The UK government has released guidance on the VAT impacts of the UK leaving the EU with no deal negotiated

August 23, 2018
South Korea - VAT has been extended to foreign cloud computing

The scope of VAT has been extended to foreign B2C cloud computer services.

August 13, 2018
Romania postponing VAT cut

Romania is considering postponing cutting the19% VAT rate to 18% for 2019.

August 3, 2018
Malaysia-Sales and Service Tax to be introduced

Sales and Service tax will replace GST in Malaysia

July 31, 2018
Russia-Standard rate to increase

The standard rate in Russia will increase in 2019

July 31, 2018
Making Sense of Making Tax Digital

Making Tax Digital (MTD) is an initiative by HMRC to provide a more technologically-driven approach to tax in order to improve efficiency, reduce errors, increase transparency and streamline processes.

July 31, 2018
South Dakota vs Wayfair Inc.

To combat the inequality, South Dakota brought a case against Wayfair Inc which said that even if the supplier had no physical nexus in the classic sense, they should still collect and remit sales tax on online sales, to level the playing field with suppliers who do have a nexus.

July 6, 2018
Russia-VAT rate increase

The Russian standard rate is to increase

June 20, 2018
Malta-VAT grouping

Multiple entities can now form VAT groups in Malta

June 20, 2018
UK-VAT area post-Brexit

Some reports are suggesting the UK may remain within the EU VAT area following Brexit

June 5, 2018
Malaysia-GST 'scrapped' from 1 June 2018

Malaysia has announced GST will be reduced to 0% from June 2018

May 16, 2018
GCC-Kuwait to postpone VAT implementation

Kuwait's parliament budget committee has announced the postponement of the VAT implementation until 2021

May 15, 2018
Australia-Changes for non-established accommodation suppliers

In the recent budget, it was announced that non-Australian entities making supplies of accommodation may be brought into the GST net

May 14, 2018
Split Payments in Poland - Introduced in July 2018

As from 1st of July 2018, new VAT regulations implementing a mechanism called Split Payment will come into force for eligible Polish taxpayers. Payment for an invoice will be split between two bank accounts of the seller: net value will be transferred to the regular bank account and the VAT value will be transferred to the VAT bank account.

May 2, 2018
Real-time VAT audit reporting: An automated solution

Hungary will be implementing a real-time SAF-T audit obligation in July 2018. This is the third EU state to introduce the taxing audit requirement. As the trend continues for tax office opting for the SAF-T approach, automated tech solutions should be considered. Read about how VATGlobal's R&D and tech departments are collaborating to develop systems to help our clients...

April 24, 2018
The increasing taxation of the digital economy

The trend in business in undeniably a shift towards the provision of services which are provided online. As the world has moved more digital, tax offices around the world want to ensure they have the necessary laws in place to be able to earn their tax revenues accordingly. This has been identified as a key revenue source and therefore an area of major focus for tax offices around the world...

April 23, 2018
GCC-High levels of VAT compliance in UAE

Figures released show levels of VAT compliance in UAE

April 11, 2018
Canada-Digital services QST registration

Businesse not resident in Quebec may have QST registartion obligations if they supply digital services

April 6, 2018
Romania-VAT threshold increase

Romania has increased the VAT registration threshold for resident businesses.

April 6, 2018
UK-Spring statement

The UK chancellor yesterday released his spring statement, with 3 VAT announcements

March 14, 2018
EU-Infringement proceedings issued regarding VAT treatment of yachts

The European Commission has issued infringement proceedings to Cyprus, Greece and Malta regarding their VAT treatment of yachts

March 12, 2018
UAE-Authorities release details of VAT refunds for overseas businesses

The FTA in UAE has released details of how overseas businesses not registered for UAE VAT can reclaim UAE VAT incurred.

March 12, 2018
Singapore-Imported digital sales to be liable to GST

Singapore is the latest country to apply tax to imported digital services

February 21, 2018
South Africa-VAT rate increase

The standard rate of VAT in South Africa will rise to 15%

February 21, 2018
EU/Norway-Fraud prevention deal concluded

The EU and Norway will now cooperate more in the fight against VAT fraud

February 8, 2018
Bahrain-VAT implementation

Bahrain is set to be the 3rd GCC state to implement VAT

February 8, 2018
EU-Proposals to simplify VAT for SME's

The EU has recently released a proposal with 2 key aims to ease the burden of VAT, specifically on smaller businesses

January 19, 2018
Gulf VAT-Bahrain to introduce VAT in 2018

Bahrain announce plans to implement VAT

January 5, 2018
Russia-Changes to B2B supplies of e-services

From 2019, foreign suppliers will need to charge Russian VAT on B2B supplies of e-services

January 5, 2018
Gulf VAT-Oman to delay implementation

Oman to implement VAT in 2019

January 5, 2018
Turkey-New rules for e-service suppliers

Non-established businesses supplying e-services to Turkish customers will shortly have VAT registration obligations in the country.

December 19, 2017
Brexit and the latest VAT issues

From a VAT perspective, the impact of Brexit will be significant. Supplies made to and from the UK will, in future, be exports and imports rather than intra-community dispatches and acquisitions. Under the current rules the UK is part of the single market and so goods can move freely between the UK and other EU member states, with VAT generally accounted for under a ‘reverse charge’ type mechanism. Looking forward, such movements will be potentially subject to import VAT, customs duties, and additional levels of administration and bureaucracy. How will the so-called "hard border" between the Republic of Ireland and Northern Ireland impact VAT compliance, fraud and trade in general?

December 17, 2017
New Product Release - VAT Calendar

Do you have multiple VAT compliance reporting obligations and no centralised place to manage them? VATGlobal has developed a web-based VAT calendar where you can gain control of all the various VAT returns, EC sales lists, intrastats and other declarations that your company has to file...

December 17, 2017
EU-Ecofin approves e-commerce package

On 5 December 2015 at a meeting of the Economic and Financial Affairs Council ("ECOFIN"), new VAT regulations were approved

December 6, 2017
VATGlobal now accepts Bitcoin!

The cryptocurrency is about to breach the $20,000 mark - but do you understand how your BTC transactions will be taxed?

December 17, 2017
UK-Budget outcomes

The UK Budget, announced this week, announced some VAT changes

November 24, 2017
USA-Amazon to collect taxes in certain states

Legislative changes mean that Amazon may now collect sales tax on behalf of merchants

November 20, 2017
India-GST reduction on many items

The GST rate applicable to many goods has been reduced

November 17, 2017
Belarus-E-services rules

Foreign suppliers of B2C services may have VAT registration obligations from January 2018

November 17, 2017
EU-Opposition to e-commerce proposals

Online giants Amazon and Ebay have expressed opinions about their concern over proposed new e-commerce VAT rules.

November 13, 2017
Romania-Registration threshold increased

The VAT registration threshold for established businesses will increase

November 8, 2017
Norway-SAF-T postponed

The implementation of the SAF-T requirements in Norway has been postponed

November 8, 2017
ECJ-Guarantee required upon registration

A recent ECJ case clarifies proportionately of financial guarantees requested by tax authorities

November 8, 2017
Slovakia-New rules for certain non-established businesses

From January 2018, VAT registration obligations may be removed for some non-Slovakian businesses

November 8, 2017
Italy-No VAT rate increases in 2018

The Italian government has recently announced that the planned increase in VAT rates will not proceed.

November 8, 2017
UK-Report released on online seller VAT fraud

The UK government has released a report on the issue of online retail platforms not assisting fully with online VAT fraud

October 23, 2017
EC-Letter of formal notice sent to Hungary

The EC has recenly issued a letter of formal notice in respect of Hungary's use of the EKAER system

October 10, 2017
EC-Letter of formal notice issued to Germany

The EC has recently issued a letter of formal notice to Germany in respect of VAT refund violations

October 10, 2017
EC-B2B sales proposal to reduce fraud

The EC has recently proposed a series of changes to existing VAT law to reduce levels of fraud

October 5, 2017
EC-VAT gap report

The European Commission has recently released the 2015 EU VAT gap report

October 4, 2017
Swiss VAT Update - Rates change

The Switzerland VAT rate is set to revertto 7.7% from January 2018

September 28, 2017
VATGlobal - GCC VAT Solutions

VATGlobal has finalised the set up of our new operations in the Gulf. As registered VAT agents in the region, we are now certified to assist businesses with their VAT registration, compliance and reporting.

September 27, 2017
VATGlobal is a sponsor of Prosper 2018 - March 2018

VATGlobal will be sponsoring the Prosper Show in Las Vegas in March 2018. This is the best event for Amazon sellers and suppliers and is a must-see for all vendors and partners

October 2, 2017
Iceland-Budget proposal

Changes to VAT rates have been announced in the recent Icelandic budget proposal

September 21, 2017
Netherlands-Tax Plan 2018

The Dutch authorities have outlined their intentions for 2018

September 21, 2017
Reminder-EU VAT refund claims

The submission deadline for EU VAT claims is fast approaching.

September 6, 2017
UAE-VAT law released

The UAE tax authorities have now released the VAT law ahead of implementation in 2018.

August 30, 2017
UK-Upper tribunal permits Sports Direct to appeal HMRC letter

UK Sports retail giant Sports Direct, owned by British businessman Mike Ashley, has been given permission by the UK upper tribunal to appeal a decision letter issued by HMRC.

August 30, 2017
Brexit-UK government to impose VAT and customs duty if no deal can be reached

The UK government has recently published a paper outlining its plans for the movement of goods from the EU going forward

August 23, 2017
Saudi Arabia-VAT registration deadline

The Saudi tax authorities have given a deadline for businesses to register for VAT

August 15, 2017
Romania-Split payment method proposed

The Romanian tax authority has proposed legislation which would see taxpayers collect VAT in a specified VAT bank account

August 15, 2017
UAE-Release of federal law on tax procedures

The UAE authorities have released details of the federal law on tax procedured that will apply to VAT

August 3, 2017
Saudi Arabia-VAT update

The latest VAT information from the Saudi authorities has now been released

July 20, 2017
ECJ case-Payment of 8th directive claims

The ECJ has decided on a case where the Romanian authorities rejected payment of an 8th directive claim

July 20, 2017
UAE-Further details announced on VAT introduction

The UAE authorities have recently released further details on how the new VAT system will operate

July 7, 2017
EU-Cross-border ruling pilot extended

The pilot scheme for cross-border VAT rulings has been extended

July 3, 2017
Reduced VAT rate for e-Books back in the news

The EU's Economic & Financial Affairs Council ("ECOFIN") has announced that they have not been able to come to an agreement regarding reduced VAT rates on e-Books to match printed books

July 3, 2017
Netherlands-Telecommunications reverse charge

The Dutch government has introduced a new reverse charge rule for telecommunications services.

June 5, 2017
Saudi Arabia-Draft VAT law introduced

Saudi Arabia has become the first GCC member state to release its draft VAT legislation

June 1, 2017
Switzerland-VAT reduced rated e-publications

Switzerland plans to apply the reduced rate to e-publications

June 1, 2017
Italy-VAT rate increase

The Italian authorities have announced increases in VAT rates from 2018

May 11, 2017
Australia-Removal of low value consignment relief potentially delayed

Removal of relief could possibly be delayed by a year

May 10, 2017
Isle of Man-VAT registration thresholds amended

The VAT registration thresholds in the Isle of Man have been amended.

May 4, 2017
EU-Reduced rating for e-books draws closer

The reduced rating of e-books moved a step closer after a recent vote

May 4, 2017
Qatar-VAT system edges closer

The implementation of VAT in Qatar is a step closer

May 10, 2017
France-Fiscal representation requirements

The French authorities have amended the list of countries where businesses will require fiscal representation to be VAT registered

April 5, 2017
UK-Consultation into reverse charge in the construction industry

HMRC have announced a consultation into the introduction of a new reverse charge mechanism in the construction industry

March 28, 2017
Canada-PST increase

The PST rate in the province of Saskatchewan is due to increase

March 28, 2017
Estonia-Increased VAT threshold

Estonia has been granted permission to increase its VAT registration threshold

March 28, 2017
UK-Uber facing challenge over unpaid VAT

Legal action is being brought against Uber regarding unpaid UK VAT

March 21, 2017
UAE-VAT update

Introduction of VAT in the UAE drawing ever closer

March 19, 2017
Introduction of Immediate Information System (SII) in Spain

The Spanish VAT authorities are implementing rigorous new reporting requirements from from July 1st 2017. Not all businesses will be obligated to adhere to the rules, but those that are eligible should take the necessary steps now to ensure they will be compliant

March 14, 2017
GCC VAT update

Further updates regarding the introduction of VAT in the GCC countries

March 8, 2017
UK-VAT registration threshold increased

Following the UK budget, the UK VAT registration threshold for UK established entities will rise

March 8, 2017
ECJ opinion on e-book reduced rating

The ECJ has given a further interpretation on whether reduced VAT rates might be applicable to e-books.

March 8, 2017
Hungary-local sales and purchase listing

Changes to the Hungarian rules from 1 July 2017

March 1, 2017
Australia-Changes to low value import rules

Australia is removing a GST exemption for low value goods

March 1, 2017
ECJ Case-Zero rated intra-community supplies

A recent ECJ case found in favour of a taxpayer who made zero rated intra-community supplies

March 1, 2017
Belgium-Abolition of quarterly prepayments

Belgian rules concerning prepayments for quarterly filers are being removed

February 27, 2017
Australia-Uber drivers must now charge GST

The Australian courts have confirmed that the services of Uber drivers match those of taxi and limousine services

February 22, 2017
Switzerland-registration reminder

The Swiss VAT law changed with effect from 1.1.17 concerning the VAT registration threshold

February 17, 2017
Saudi Arabia-GCC VAT framework approved

Saudi Arabia has become the first GCC country to officially approve the GCC VAT framework

February 8, 2017
Taiwan-E-services VAT registration

Taiwan is the latest country to introduce new rules around sales of e-services

February 3, 2017
Serbia-B2C e-services

Serbia has followed the EU in implementing new rules around B2C supplies of e-services

February 3, 2017
Argentina-Tourists to no longer bear VAT on hotel stays

The Argentian government has made moves to increase tourism to the country

January 27, 2017
Portugal-Import VAT deferment

The recently approved 2017 Portuguese budget featured changes concerning import VAT

January 20, 2017
Reminder-Norway import VAT

The rules around payment of import VAT in Norway changed from 1 January 2017

January 20, 2017
France-possible increase in VAT rate on 'unhealthy' foods

The VAT rate applicable to certain foods supplied in France may be set to increase

January 20, 2017
Poland-Possible lowering of VAT rates for e-books

The Polish tax authority have launched a public consultation regarding the VAT rates applied to digital books and similar items

January 6, 2017