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European Commission permits Poland to deviate from VAT Directive to impose obligatory B2B e-invoicing 1 April 2023 – 3 months later than original Jan plan Poland has been given by the EC a temporary departure from Articles 218 and 232 of the VAT Directive to be
Low-value SG$400 consignment stock relief GST exemption scrapped; traditional services B2C also liable Singapore Gazetted this month its Goods and Services Tax (Amendment) Act 2021. This will withdraw the current SG$ 400 threshold on Goods & Services e-commerce B2C imports from 1 January 2023. This does not
Polish JPK_VAT update: 1 April 2022 JPK_FA new format The format for submissions of Polish VAT invoices, JPK_FA, has changed from 1 April 2022. JPK_FA(4) is an electronic format the tax authorities may request from taxpayers on demand for (for example) an audit. It captures
Countries shift VAT reporting from suppliers to customers to reduce VAT fraud – General & Domestic Reverse Charge by country In attempt to reduce the VAT Gap – the shortfall of VAT revenues compared to expected receipts – EU and other states apply the Reverse
Inflation hits 62% in March prompts more VAT rate cuts On 28 March, the Turkey President, Tayyip Erdogan, announced a cut from 18% to 8% for a range of goods including: bathroom supplies such as soap and detergents, napkins and toilet paper baby nappies. restaurant
Tax and VAT simplifications for the duration or martial law Ukraine has approved a range of tax simplifications following the Russian invasion and the implementation of martial law. This includes: VAT exemption for businesses with an annual turnover of UAH 10 billion (approx €300m) No
New tax hikes and levies on range of supplies confirmed by Parliament – 1 January 2022 implementation Update: Sri Lanka VAT raised to 12% from 1 June 2022 The drop in revenues during the COVID-19 crisis has forced the government to propose a range of
KSeF National e-invoicing System voluntary launched 2022; mandatory from 1 April 2023 following EU approval Poland’s Ministry of Finance has introduced voluntary B2B electronic invoices on 1 January 2022 after a delay from 1 October 2021. This is supported with a centralised clearing invoice database
Exemption for audio books; PST on admission fees for various activities Canada Saskatchewan 2022 budget included a number of Provincial Sales Tax (PST) changes. This included: Audio books will be exempted from PST from 1 April 2022. Admission prices to cultural, sporting, fairs, golf, gyms
