2028 Customs Reforms agreement slips into second half 2025 Hope fades for early 2025 agreement on 3 strands of reforms to Customs Union and IOSS VAT The current Polish presidency
14th April member states freed to mandate e-invoicing without Commission approval; obligation for customer to agree to e-invoicing upon ViDA approval As part of VAT in the Digital Age reforms
Phased increase of annual VAT registration threshold for certain taxpayers The Portuguese tax authorities, Autoridade Tributária e Aduaneira, has confirmed a new phased increase in the VAT registration threshold for
1.5% audio visual media tax to be broadened to DST Poland’s Finance Minister has indicated that a full Digital Services Tax, similar to those in operation in France and the
Budget VAT increase in two, 0.5% stages – May 2025 & April 2026 – to 16% In today’s (12 March 2025) second attempt to get the 2025/26 budget approved by
July 2030: ViDA Pillar 1, B2B Intra-community EU Digital Reporting Requirement & structured e-invoicing Work progresses for July 2030 launch; existing real-time reporting regime harmonisation to EU standards by Jan
E-invoicing pilot broadening out to target large businesses 1 July 2025 The Nigerian tax authority, Federal Inland Revenue Service (FIRS) has indicated this week that it aims for a full
Prime Minister calls for 8% rate (instead of 10%) to be extended from July 2025 into 2026 The Vietnamese Ministry of Finance is looking at a further prolongation of a
Revenue Authority phased 2025 – 26 InvoiceNow Peppol e-invoice reporting The Inland Revenue Authority of Singapore (IRAS) has reconfirmed 7 March 2025 the phased voluntary introduction of e-invoice data reporting
New coalition government indicates will reintroduce 7% reduced VAT rate The German coalition government of the CDU and SPD has said it will bring back the 7% reduced VAT rate
Talks talks progress on consolidating 12% & 5% Goods and Services Tax slabs India’s Finance Minister, Nirmala Sitharaman, has confirmed 8th March 2025 that talks started last September on rationalising
Update to Polish VAT Act April 2025 Modifications to the Polish VAT Act have now been gazetted, ready to come into force from 1 April 2025. See our Polish VAT
E-invoicing & Sales Reporting EIS pilot restarts with 2026 full launch The Philippines Bureau of Internal Revenue (BIR) restarted its pilot for B2B e-invoicing. The testing period originally launched 1
UK Ministers intervened on HMRC lan to impose VAT on UK Investment Funds The UK government is considering halting HM Revenue & Customs’ (HMRC) proposal to impose VAT on investment
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