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 activities. This will come into effect in November 2024. The changes will enable HMRC to
European Commission group debates question on: Single VAT registration in EU; Digital Reporting Requirements and e-invoices; and Platform Economy and VAT The European Commission’s VAT Expert Group (‘VEG’) reviewed this month a range of questions arising from the proposed VAT in the Digital Age reforms.
Spring public consultation backs EU VAT reforms and harmonisations with limits The EU published submissions and summaries of its Spring 2022 public consultation on EU VAT in the Digital Age reforms. The European Commission is expected to conclude on reforms under the three reform strands
Last round before proposals on: Single VAT registration in EU; Digital Reporting Requirements and e-invoices; and Platform Economy and VAT The European Commission’s VAT Expert Group (‘VEG’) reviewed this month a range of questions arising from the proposed VAT in the Digital Age reforms. Following
Standardised XML format for exchange of tax information from marketplaces and platforms to the tax authorities – coordinated with EU DAC 7 2023 obligations The Organisation for Economic Cooperation and Development has issued its model rules for reporting by digital platform operators – and standard
