VAT TV November 2024 news
VAT TV November 2024 news
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Want to join the VAT TV subscription list? Sign-up here. Nov 2024 VAT & GST news and views
EU 2025 VAT SME Scheme; single EU threshold guide published
EU 2025 VAT SME Scheme; single EU threshold guide published
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2025 SME Special Scheme introduces pan-EU €100,000 registration threshold to reduce foreign VAT compliance burden From 1 January 2025, there will an optional €100,000 EU VAT registration threshold, enabling resident businesses to sale in other EU states via their domestic VAT return. The European Commission
Polish 2025 VAT changes
Polish 2025 VAT changes
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Cash registers; Margin scheme; Reverse charge rollover; reduced rates The Polish VAT Act is to be modified with a number of changes. This includes Polish reduced VAT rate changes. The amendments also introduce nuanced updates across several key areas, reflecting alignment with EU directives and
VAT TV – global news & views
VAT TV – global news & views
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Sign-up to our free VAT newsletter November 2024 VAT news October 2024 VAT news RSM accelerating growth via VAT tech August 2024 VAT news July 2024 VAT news VAT TV - latest of VAT in the Digital Age and 2025 SME Special Scheme changes June
Chile VAT on low-value consignment import B2C goods
Chile VAT on low-value consignment import B2C goods
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B2C Sellers and marketplaces to charge VAT in checkout on low-value consignments of goods Chile’s has enacted (Tax Compliance Bill) the imposition VAT on low-value consignments of goods being imported directly to consumers has been approved by Congress. Following the Constitutional Court giving it a
Live VAT digital reporting & e-invoicing global tracker
Live VAT digital reporting & e-invoicing global tracker
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Tax authorities are digitalising VAT / GST reporting via live transaction reporting & e-invoicing. Below is our live global tracker. Sign-up for our free, e-invoicing news. Europe e-invoicing and live reporting Asia Pacific e-invoicing Middle East & Africa e-invoicing Central and South America e-invoicing North
Vietnam reconsiders low-value consignment VAT exemption
Vietnam reconsiders low-value consignment VAT exemption
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Fresh call to withdraw VND 1m VAT-exemption on B2C imports Vietnam is considering restricting its VND 1million (approx €36 or $40) low value consignment relief. This exempts from VAT parcels imported from Vietnam destined for consumers. Vietnam’s National Assembly Standing Committee has highlighted the urgency
Vietnam hikes VAT on non-resident e-commerce
Vietnam hikes VAT on non-resident e-commerce
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Foreign sellers and intermediary digital platforms subject to new rules and rates July 2025 The Vietnamese National Assembly is considering clarifications on non-resident VAT-registered business obligations, VAT rates, and improved deductibility for VAT credits. The changes, likely to come into effect from 1 July 2025,
Saudi Arabia e-invoices (FATOORAH): 17th wave July 2025
Saudi Arabia e-invoices (FATOORAH): 17th wave July 2025
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FATOORAH mandatory B2B e-invoicing 17th wave of Phase 2 by 1 July 2025 Zakat, Tax and Customs Authority (ZATCA) confirms the seventeenth wave of implementation of taxpayers to join the Phase 2 (Integration Phase) of mandatory e-invoicing. These are taxpayers with an annual income between
Israel VAT rise to 18% Jan 2025 update
Israel VAT rise to 18% Jan 2025 update
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January 2025 1% VAT rise approved by government Israel’s draft 2025 Budget Law has now been approved by its government, and includes a 1% Vat rise from 17% to 18% from 1 January 2025. The current VAT exemption for tourists will be withdrawn. The government’s