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.
The National Board of Revenue (NBR) in Bangladesh is looking to make electronic payments mandatory for VAT payments. This will be a gradual process.
The order was issued on the 27th of July 2021 and it involves: The extension of monthly VAT return submissions for the months of September, October, November, and December
Since MTD for VAT is LIVE, firms with a taxable turnover above the VAT registration threshold of £85 000 must comply with the new rules. In this article, we answer some of your key VAT questions.
From 1 January 2022, additional data elements will be required in the Intrastat declaration for dispatches/exports.
VAT rate in Italy is at 22% Standard VAT rate. There is also a safeguard of 26.5% which valid from January 1st 2021. What does the safeguard mean?
Changes in guarantee rules for VAT registrations with fiscal representation are set to take place this October in Belgium.
A new free trade deal was signed in July between the UK and Norway, Iceland and Liechtenstein! The free trade deal between these countries affects a variety of different economic sectors
For companies offering their VAT services in the EU a lot of things have changed since July 2021. Read more on the transition of the MOSS to the new OSS
Formal notice reminding businesses and taxable individuals that the tax credit deriving from the purchase of goods & services that is not confirmed by the Unified Register of tax invoices or not confirmed by customs declarations can not be included in the tax credit in their customs declarations.
The tax landscape will change as G20 countries reach an agreement on taxing the digital economy and minimum global corporate tax rate of 15% in 2023. Following the meeting on 10th July, the world’s 20 largest economies (G-20) approved the proposal by the OECD (the Organization for Economic Co-operation and Development) for taxing a digital economy and setting a minimum global corporate tax rate at 15% in 2023.