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VAT 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 news

22/08/2024
Austria: Federal Finance Court Clarifies Tax Deduction Rules for Prematurely Terminated Rental Agreement

The Austrian Federal Finance Court ruled that a short-term rental classified as a hobby is ineligible for tax deductions.

VAT Updates
21/08/2024
Moldova: New Fiscal and Customs Amendments Set for 2025


Moldova enacted Law No. 214 introducing tax, VAT, and exemption reforms to address inflation and update fiscal policies.

VAT Updates
20/08/2024
UK: HMRC Updates VAT Guidance on Goods Dispatched from Northern Ireland to the EU

The UK HMRC updated VAT guidance for goods dispatched from Northern Ireland to the EU, reflecting new rules and thresholds.

UK
19/08/2024
Peru: New Tax Rules for Non-Domiciled Entities Effective from October 2024

Peru’s new tax regulations for non-domiciled entities set updated IGV filing requirements and obligations effective October 2024.

Digital Services
16/08/2024
Finland: Ministry of Finance Proposes 2025 Budget With Significant Tax Changes

The Finnish Ministry of Finance’s 2025 budget proposal includes VAT hikes, vehicle tax changes, and adjustments to social insurance contributions.

VAT Updates
15/08/2024
Kenya: Finance Ministry Revisits Tax Proposals Following Protests

Kenya’s finance ministry plans to revise and reintroduce some scrapped tax measures to boost revenue amid ongoing fiscal pressures.

VAT Updates
14/08/2024
South Korea: New Tax Measures—Extensions, Deferrals, and Delinquency Policies

South Korea announced new tax measures, including extensions, deferrals, and online procedures for payment deadlines.

VAT Updates
13/08/2024
Japan: New Consumption Tax Rules for Digital Platforms

Japan’s National Tax Agency outlined new consumption tax rules for digital platforms, including filing, invoicing, and designation requirements.

Digital Services
12/08/2024
Saint Lucia: Inland Revenue Department Extends Tax Amnesty Program

The Saint Lucian tax amnesty program is extended to May 1, 2025, offering full penalty and interest waivers.

VAT Updates
09/08/2024
Isle of Man: Treasury Reduces Interest Rates for VAT and Indirect Taxes

The Isle of Man is lowering VAT interest rates effective August 20 to align with U.K. standards and base rate changes.

VAT Updates

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