Reverse charge; base calculations and import VAT The Hungarian 2025 tax package introduces key changes to VAT regulations, approved by parliament, effective over the next several years. See our Hungary VAT country guide section. VAT Base Reduction for Refunds:Following the Novo Nordisk Case (C-248/23), VAT
2030 taxpayers must be able to issue and receive e-invoices within 2 days for Intra-community supplies – VAT in the Digital Age From 1 July 2030, e-invoices for supplies of goods or services across EU borders (Intra-community Supplies (ICS)) must be issued. The current maximum
Changes for annual threshold for reporting intra-community movements of goods Poland is updating the Intrastat goods arrivals and dispatches reporting threshold from 1 January 2025. The changes will be: Arrivals: will change from PLN 6.2 million to PLN 6.0 million Detailed reporting for arrivals rises:
FATOORAH mandatory B2B e-invoicing 18th wave of Phase 2 by 31 August 2025 Zakat, Tax and Customs Authority (ZATCA) confirms the eighteenth wave of implementation of taxpayers to join the Phase 2 (Integration Phase) of mandatory e-invoicing. These are taxpayers with an annual income between
Risk of missing trader VAT fraud in natural gas wholesale markets prompts zero-rating 1 January 2025 Hungary has become the latest country to introduce the VAT reverse charge on domestic gas trading transactions. This removes the VAT cash payment on wholesale deals which are subject
Foreign sellers and intermediary digital platforms subject to new rules and rates 1st April 2025 The Vietnamese National Assembly has approved clarifications on non-resident VAT-registered business obligations, VAT rates, and improved deductibility for VAT credits. The changes, to come into effect from 1 April 2025,
VAT Filer – automated VAT returns preparation in 20 African countries We are now extending our VAT Filer submissions product to cover some 20 countries in Africa. This means customers can benefit from our express implementation service to reach jurisdictions generally overlooked by traditional VAT
Proposed rise on annual sales threshold for mandatory VAT registration The Belgian Vlaams Belang party has put forward a bill to increase in the Value Added Tax registration threshold. The rise for 2025 would lift the threshold above which entrepreneurs would have to first VAT
Parliament votes to withdraw VND 1m VAT-exemption on B2C imports The Vietnamese parliament, the National Assembly, on 26 November 2024 voted to end its VND 1million (approx €36 or $40) low value consignment relief. This exempts from VAT parcels imported from Vietnam destined for consumers.
