HMRC updates obligations for platform operators with regards their sellers VAT activities The UK’s HMRC is updating use of data from digital platform operators in the UK of their sellers
Ministry of Finance consultation on draft legislation and FA(3) Schema for Feb 2026 mandatory KSeF B2B e-invoicing The Polish Ministry of Finance has launched on 5 November 2024 a public
Extended mandate for B2G e-invoicing with 10-day settlement commitment New Zealand’s government is to increase the range of government agencies that must receive and issue structured Peppol e-invoices by 2026.
ViDA 2030 near-live reporting of EU Intra-community supplies replaces EC Sales List The new Digital Reporting Requirements (DRR) , now agreed as part of the EU VAT in the Digital
January 2025 1% VAT rise approved by government Israel’s draft 2025 Budget Law has now been approved by its government, and includes a 1% Vat rise from 17% to 18%
Despite drop in peak inflation, government extends for fourth time VAT cut on essentials until 31 December 2025 The Cypriot Tax Department has approved a further three-month extension to the
1 January 2027 UK CBAM levy on imports of carbon intensive goods Following a summer consultation, the UK government confirmed the introduction of carbon border adjustment mechanism (CBAM) from January
Jan 2025 next phase Bookkeeping Act: digital booking; e-invoicing; and SAF-T The implementation of the Danish Bookkeeping Act main digital requirements is now underway. Under the 2022 Danish Bookkeeping Act,
Pillar 2 of ViDA, ride & accommodation platforms becoming deemed supplier Voluntary from 1 July 2028; mandatory 1 January 2030 As part of the EU VAT in the Digital Age
2025 budget to end COVID VAT cut to 9% for restaurant and catering services The Bulgarian 2025 draft budget is to withdraw the temporary reduced VAT rate of 9% on
E-invoices must be adopted for sales to non-consumer customers Hungary is to attempt to squeeze VAT fraud from the trading of electricity and natural gas. This is separate from the
HMRC to launch public consultation on electronic invoicing to government and businesses The UK Chancellor on 30 October in the Autumn Budget confirmed it will publish a consultation in early
Budget confirms 20% VAT on private education and boarding services from 1 January 2025 Anti-forestalling provisions to prevent advance payment VAT avoidance from 29 July 2024 The new UK Chancellor,
Facilitating platforms must withhold VAT to non-resident goods sellers On 11 October 2024, the Mexican Servicio de Administración Tributaria (SAT) imposed the obligation on digital platforms and marketplaces to withhold
VAT Act January 2025 changes to reduced rates A range of changes to reduced Value Added Tax rates has been proposed to the VAT Act for 1 January 2025. These
Law amends & details of 2026 B2B and B2G decentralised mandatory 5-corner model On 29 October, the Arab Gulf state of United Arab Emirates (UAE) Ministry of Finance and Federal
EU banking & insurance VAT exemption overhaul rolled into wider financial services tax review The EU’s long term aim to withdraw the outdated VAT exemption on financial services has now
Reduction from 10% to 9% of Harmonised Sales Tax. Combined GST rate goes from 15% to 14% The Canadian province of Nova Scotia is to cut its Harmonised Sales Tax
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