Temporary increases 2016; new 15% rate 2028 The Dutch Spring Memorandum for the budget has been published which will introduced changes to the reduced VAT rate regime. Currently there is one 9% reduced rate alongside the 21% reduced rate. The reform is partially needed to
Proposal to rise threshold to PLN 240k from PLN 200k to acknowledge record inflation Included in 12 April 2025 proposed amendments to the KSeF e-invoicing regime was news that the annual sales threshold for compulsory VAT registration is to rise. It will increase from the
Delayed reduction to services vat registration threshold gets go ahead France is to impose a reduction on the services and goods VAT registration threshold from 1 June 2025. The new thresholds will be: July 2025: Goods €85,000 Services: €25,000 The 5 February 2025 Finance Bill
Conflicting debate on go-ahead for VAT increase; two, 0.5% rises – May 2025 & April 2026 – to 16% 17 April 2025: South African Finance Minister, Enoch Godongwana, has said that failing to raise the Value Added Tax rate from May would cause severe harm
VAT Information Exchange System relaunches as database for intra-community digital reported transaction The European Commission is to launch in July 2030 a new version of VAT Information Exchange System (VIES) as part of the Digital Reporting Requirements DRR pilar of the EU VAT in the
Mozambique Tax Authority update on SAF-T and monthly reporting Standard Audit File for Tax preparations As part of the preparation for implementing the OECD Standard Audit File for Tax (SAF-T) in Mozambique, all companies that develop accounting and invoicing software are required to contact the
New coalition government confirms reintroduce 7% reduced VAT rate from 1 January 2026 The new German coalition government of the CDU and SDP has on 9 April 2024 confirmed it will bring back the 7% reduced VAT rate for food sales by hospitality businesses. The
Annual VAT registration thresholds and Intrastat dispatches & arrivals The table below provides the latest European VAT registration thresholds for resident and non-resident (foreign) businesses, plus Intrastat reporting threshold. Separately, the EU VAT registration threshold equivalence for SME taxpayers resident in other EU states comes
Changes to rates for energy, energy renovations, and other projects The French Finance Act has amended several rates on various supplies, as follows: Electricity or Natural Gas Fuel Subscription Old VAT Rate 5.5% New VAT Rate 20% August 1, 2025 Subscription for the supply of
Jan 2027 business to use structured e-invoices; Jan real-time reporting Financial Administration to become Peppol Authority for decentralised model Slovakia has become the latest European e-invoice candidate with the launching of a public consultation and plans implement requirement for B2B e-invoicing. The first draft law
