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
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
UK tax court rules hair loss transplants are not VAT exempt medical treatments First-Tier Tribunal rules hair transplants for androgenetic alopecia are subject to VAT at the 20% standard rate,
Transition to e-invoicing and e-receipts 2025 The Central American state of Belize has given the legislative go-ahead to mandatory e-invoicing and e-receipts. Amendments to General Sales Tax Act have been
2025-25 Budget lays ground for rise in 10% VAT rate The Bahrain 2025-26 budget has been submitted to Parliament. This includes a potential VAT rise (no increase specified yet) and
2025 tax reform decree introducing 18% VAT on non-resident platform e-services repealed The Caribbean island state of Dominican Republic failed again to impost VAT liabilities for foreign providers of digital
2024: €13bn VAT fraud investigations European Public Prosecutor’s Office The European Public Prosecutor’s (EPPO) office 2024 report has revealed over half of EU budgetary losses it investigated were down to
Irish Revenue confirm VAT compliance for digital platform ride The Irish Revenue service has clarified reverse charge VAT from non-resident digital ride sharing platforms will require otherwise exempt taxi drivers
Withdraw VND 1m VAT-exemption on B2C imports From 18 February 2025, all B2C low-value consignment imports to Vietnam will be subject to 10% VAT. Previously, there was a VND 1million
Working Party on Tax Questions debates Import One Stop Shop (IOSS) in Conjunction with the 2028 EU Customs Reforms On 27 March, the Council of the European Union’s Working Party
Baltic state debates phased threshold from €45,000 to €85,000 by 2027 Lithuania Parliament is debating a three-phased rise in the annual sales threshold for mandatory VAT registration threshold. It would
Jan 2026 B2B e-invoicing and e-reporting Fiscalisation Law in public consultation The Croat Ministry of Finance has started a public consultation on 27 February 2025 on the 1 January launch
Optional single EU return for €150 consignment import VAT reporting The EU e-commerce VAT package has now come into force on 1 July 2021, including the introduction of the new
2024-25 SFE B2B and B2C electronic invoicing launch plans Bolivia’s National Tax Service’s (SIN) has provided on 24 February 2025 a delayed schedule for the latest waves of business obliged to
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