Stubborn government deficits pushing increases and consolidation in reduced rates A string of EU member countries are turning to reduced VAT rate rises to help plug spending gaps. Slow growth
The EU’s e-commerce VAT package launched on 1 July 2021. What changed 1 July 2021 with EU e-commerce VAT package Update: as part of the approved VAT in the Digital Age
SARS scraps 15% import VAT exemption on consignments below 500 rand from 1 September 2024 The South African Revenue Service (SARS) has imposed on all imported consignments for B2C sales
1.5% VAT rate rise to 25.5% on 1 September 2024; reduced rate increases Jan 2025 Finland has increased its standard Value Added Tax rate to 25.5% on 1 September 2024.
Japan updates qualified invoice regime with optional e-invoicing standard – Peppol BIS Billing International (‘PINT’) 1.02 On 1 June 2024, Japan updated its PINT e-invoicing standard to 1.0.2. PINT (Peppol
Court of Appeal rules Uber drivers are employees and are not responsible for GST Uber has lost its appeal against a New Zealand Employment Court ruling that its drivers are
‘Super Nota’ Tax reform proposal to reignites consolidation of 6% and 12% reduced VAT rates to new 9% rate Flemish politician and chief negotiator on forming the next Belgian Federal
Business VAT Act changes: streamline tax reporting; e-invoicing deadlines; fines; VAT deductions; VAT lottery A number of changes have been made to the Taiwanese VAT Act last month. These include:
Zakat publishes proposed VAT changes to improve compliance and standardise to international rules Proposed amendments to the Saudi Arabian VAT regulations have been put out to consultation by Zakat, Tax
Temporary domestic gas and electricity cut from 13.5% to 9% extended for fourth time to April 2025 Discussions for the upcoming Irish budget include a further prolongation of the reduced
Coalition agreement includes €2.1 billion VAT and excise rises The pending Belgian government coalition agreement includes VAT and customs rate rises adding up to €2.1 billion. This would fill Belgium’s
Proposals as part of VAT in the Digital Age ViDA reforms to reduce fraud As part of the EU VAT in the Digital Age ViDA reforms, it has been proposed
Ending of Withholding VAT requirements for electronic payments 1st Sept 2025 The requirement for payment providers to withhold the VAT element on electronic payments for foreign digital services will end
2% DST on digital services launched in July 2022 The Nepalese Inland Revenue Department has updated its Digital Services Tax Act for 2024. The threshold for being subject to the
Which EU states have applied and obtained an e-invoicing derogation Under current European Union VAT Directive rules, member states may not mandate the use of electronic invoices in place of
VAT automation products that simplify your international VAT determination, invoicing and reporting