January 2027 proposed introduction of Goods and Services Tax A plan for the launch of 5% GST to Guernsey and Alderney in 2027 are to be developed following the November 2024 rejection of imposing an income tax rise are rejected. The islands Policy and Resources
E-invoicing 30-day reporting threshold cut April 2025 India’s GST Council, which overseas the national e-invoicing regime, is cutting the threshold on the 30-day reporting requirement to its portal, the Invoice Registration Portal (IRP). From 1 April 2025, any business subject to Indian e-invoicing with a
Slovenia joins 19 other EU member states with VAT group simplification option Slovenia is to introduce the option for related taxpayers to join under a single VAT number for reporting and exempt intra-group invoicing – ‘VAT group’. This is based on Article 11 of the
January 2025 updates to Dutch VAT law There are a number of changes to the Dutch VAT regime from 1 January 2025. There will also be a number of Dutch reduced VAT rate updates in 2026. See our Dutch VAT guide for more details 21%
Extended mandate for B2G e-invoicing with 10-day settlement commitment New Zealand’s government is to increase the range of government agencies that must receive and issue structured Peppol e-invoices by 2026. And to encourage businesses to gear-up for this change, they will be guaranteed faster settlement
Facilitating platforms must withhold VAT to non-resident goods sellers On 11 October 2024, the Mexican Servicio de Administración Tributaria (SAT) imposed the obligation on digital platforms and marketplaces to withhold VAT on goods sold by their foreign third-party merchants. This is separate from Mexican VAT
VAT Act January 2025 changes to reduced rates A range of changes to reduced Value Added Tax rates has been proposed to the VAT Act for 1 January 2025. These are detailed below. To learn more, read our Polish country VAT guide. Ship salvage According
Reduction from 10% to 9% of Harmonised Sales Tax. Combined GST rate goes from 15% to 14% The Canadian province of Nova Scotia is to cut its Harmonised Sales Tax rate by 1% to 10% from 1 April 2025. With the federal level 5%, that
2025 – Many businesses taken out of the intra-community reporting requirement Bulgaria has raised the annual reporting thresholds for Intrastat for January 2025. Intrastat is EU-wide (usually) monthly reporting regime for businesses to report the movement of goods between EU states. It is split between
Zero-VAT measure until April 2025 Lithuania is progressing a Bill to reclassify the supply of residential fuel and hot water from the 9% reduced rate to zero. The measure, not in Parliament, would come into effect between 1 November 2024 and 30 April 2025. Economist
