VAT News

Romania postponing VAT cut

Romania's VAT decrease has been postponed because the country has been struggling to reduce its deficit Gross Domestic Product to 3%. The VAT was originally raised in 2010 to 24% during the European financial crises, but has since been cut to 19% in January 2017.

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Bahrain-Large business registration deadline

Businesses with a certain taxable turnover in Bahrain must register for VAT by 20 December 2018.

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New details on rules for e-commerce presented by European Commission

The EC today announced detailed measures that are intended to ease the transition to new VAT rules for e-commerce that come into force in January 2021. The rules announced today (11 December, 2018), lay out the steps needed to 1) ensure that online marketplaces take responsibility and 2) ease the administrative burdens for e-commerce businesses

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UK-A brief guide to Making Tax Digital

From April 2019, UK VAT registered business over the mandatory threshold of £85,000 will be required to meet new digital requirements for their UK VAT filing

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