VAT News

Estonia-Increased VAT threshold

In a recent EU Council meeting, approval was given for a derogation to be granted to Estonia to increase its VAT registration threshold applicable to small businesses established in Estonia.

With effect from 1 January 2018, Estonian businesses whose turnover in a 12 month period does not exceed €40,000 will not have an obligation to register for Estonian VAT. This derogation will be in force until at least 31 December 2020.

Related articles

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

Read more
South Korea - VAT has been extended to foreign cloud computing

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

Read more
Romania postponing VAT cut

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

Read more