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.
Lithuania VAT rate changes under Bill No. 25-6750 would raise the reduced rate to 12% for key services and clarify the 5% rate on publications.
A South Africa VAT hike court challenge may delay or derail the proposed rate increase, reflecting deeper divisions within the governing alliance.
As of April 15, 2025, non-EU businesses conducting intra-community transactions must provide a €50,000 financial guarantee to register for VAT and remain listed in the VIES database. If you are already registered, you have until 13th June 2025 to submit the guarantee or risk exclusion.
Sri Lanka announces VAT changes for 2025, covering digital services, refund timelines, registration requirements, and adjustments to exemptions and filing rules.
India’s withdrawal of the India digital services tax marks a shift toward OECD-aligned tax policy, ending equalization levies and easing burdens for foreign companies.
New Portugal VAT simplification measures under Decree-Law 49/2025 remove certain filing obligations and add flexibility for monthly declaration rules.
The UAE SWIFT VAT clarification updates invoicing and recovery rules for financial institutions, covering cross-border services and reverse charge application.
The Sweden e-invoicing VAT fraud strategy highlights the need for earlier EU-wide adoption of ViDA rules to stop incorrect VAT reimbursements.
The proposed South Africa VAT increase by the ANC is likely to be dropped after coalition parties signal strong opposition during budget talks.