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VAT / GST News & Updates

International VAT news every day

Our professional and specialized VAT team is always informed with the latest VAT updates and regulations from around the world. Here you will find all you need to know regarding all the latest VAT news and information.

Latest VAT / GST news

19/02/2021
Thailand: Digital services tax 2021

VAT on electronic services to be collected starting September 2021. The new VAT rules were posted in the Royal Gazette and will be effective in September.

Digital Services
18/02/2021
Canada: Digital Services tax 2021

Canada’s revenue from the new digital services tax is to be higher than expected as estimations show that Canada would gain over $1.02 Billion

Digital Services
17/02/2021
Ireland’s VAT stimulus plan comes to an end. VAT reverts to 23% on March 1st 2021

The Covid19 stimulus plan was implemented for a six month period. Starting September 2020 VAT in Ireland was reduced from 23 to 21%.

VAT Updates
16/02/2021
Poland: e-Invoicing System (KSeF) starting October 1st 2021

On 5 February 2021, the Polish Ministry of Finance proposed a draft amendment to the VAT Act, introducing to the Polish legal order the possibility to issue structured invoices as one of the permitted forms of documenting transactions.

VAT Updates
15/02/2021
Spain: Payment of tax debts via bank transfer from abroad will be made possible

This has been published in the Official Gazette on the 4th of February 2021 and will take effect on the 15th of March 2021. this resolution introduces the possibility to pay most tax debts via bank transfer

VAT Updates
12/02/2021
Italy: E-invoicing for cross border transactions starting 2022

Italy is the first European country to implement mandatory B2B e-invoicing. While all domestic transactions are currently sent to the Italian Revenue Agency via Sistema di Interscambio (SDI)

VAT Updates
11/02/2021
Brexit: UK releases two guides to importing and exporting between GB and the EU

Further information was released by the UK government website regarding Brexit. This information provides further clarifications on exporting and importing goods from to EU and the UK.

VAT Updates
10/02/2021
VAT after Brexit: Postponed accounting for imports to UK

Postponed accounting is a way of making imports easier for UK companies at least in terms of VAT. 

VAT Updates
09/02/2021
Brexit: UK government issues guidance on claiming VAT refund in Northern Ireland or in the EU

Businesses established in Northern Ireland who incur VAT on goods in the EU, and EU businesses who incur VAT on goods in Northern Ireland, will be able to recover this VAT through the electronic cross-border refund system

VAT Updates
08/02/2021
Norway: New Digital VAT return starting 2022

Starting 2022 Norwegian digital VAT returns will endure some changes. There will be a testing period by the end of 2021 before changes come into force.

VAT Updates

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