VAT TV March 2022 global news & views
VAT TV March 2022 global news & views
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Want to join the VAT TV subscription list? Sign-up here. March 2022 VAT & GST news and views
Why VAT Calc saves your business time and money
Why VAT Calc saves your business time and money
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World’s first single VAT/GST determination and reporting platform for all businesses As cross-border trade grows, and tax authorities take a closer look for more VAT or GST revenues, it’s vital to get your indirect tax determination accurate at the first attempt and ensure the liabilities
India considers streamlining GST rate to 8%; 18%; and 28%
India considers streamlining GST rate to 8%; 18%; and 28%
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Simplifying to 3 Goods and Services Tax rate from current 4 rates The Indian GST Council, which oversees the policy and running of Indian GST, is considering a proposal to cut the current four rates to 3 by merging the current 5% and 12% in
Canada UBL e-invoicing
Canada UBL e-invoicing
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Canada’s Revenue Agency (CRA) has provided suggested guidance on e-invoicing in 2018. This is based on the UBL model (see below). The format is only voluntary. Check VAT Calc’s global live VAT invoice transaction and e-invoice reporting tracker to see where else real-time submissions of invoices is
India lowers e-invoice threshold to 20 Cores April 2022
India lowers e-invoice threshold to 20 Cores April 2022
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The Indian Central Board of Indirect Taxes and Customs has lowered the annual sales threshold for mandatory GST e-invoices. With effect from 1 April 2022, e-invoicing will be mandatory for all taxpayers that have aggregate turnover exceeding INR200 million (20 Crores). The current threshold, Rs
VAT TV Feb 2022 global news & views
VAT TV Feb 2022 global news & views
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Want to join the VAT TV subscription list? Sign-up here. Feb 2022 VAT & GST news and views
VAT implications for the gig and sharing economies
VAT implications for the gig and sharing economies
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The value of the gig economy is expected to more than double from US$204 billion in 2018 to US$452 billion by 2025.7 In the UK, the Trades Union Congress (TUC) estimated in the summer of 2019 that 4.7 million people now work regularly on one or
VAT TV: 2022 Brexit Customs changes
VAT TV: 2022 Brexit Customs changes
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Want to join the VAT TV subscription list? Sign-up here. What UK Customs declarations, controls and Rules of Origin rules came in Jan 2022? If you want to sign-up for the Commodity Code or Rules of Origin workshops mentioned by Anna in the above episode with
VAT TV: 2022 EU-UK VAT & Customs divergence
VAT TV: 2022 EU-UK VAT & Customs divergence
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Want to join the VAT TV subscription list? Sign-up here. Since the UK left the EU VAT regime Jan 2021, is divergence appearing? What UK Customs declarations, controls and Rules of Origin rules came in Jan 2022? If you want to sign-up for the Commodity
VAT TV Feb 2022 global news & views
VAT TV Feb 2022 global news & views
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Want to join the VAT TV subscription list? Sign-up here. Feb 2022 VAT & GST news and views