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.
While Germany is currently in the midst of the corona virus pandemic it has adopted the largest assistance package in history in order to combat the Covid19. As a result, all businesses affected by the pandemic
British Government launched an online service for checking UK VAT numbers. This service is available in English and Welsh and you can check the validity of a UK VAT number.
Following the trend, Canada announced that they are going to start taxing (GST/ HST) foreign suppliers of digital services starting July 2021. Actually this is nothing new for Canada as some of its provinces such as Quebec
Coronavirus response: European Commission welcomes agreement on crucial VAT relief for vaccines and testing kits. EU member states are not required to apply VAT to Covid-19 vaccines and test kits until January 1, 2023.
A recent ifo study showed that the temporary VAT cuts in Germany due to covid where indeed passed on to the final retail prices. As mentioned in our previous articles, on July 1st 2020 the German government took measures
The agreement covers trade in goods, and ensures 95 per cent of goods trade with Norway and over 90 per cent with Iceland will remain tariff-free, providing businesses with certainty that they can continue to operate on the same terms as they do today when the transition period ends.
For Northern Ireland (NI), a temporary protocol applies on the basis of the Withdrawal Agreement between the UK and the EU.
For VAT purposes, from 1 January 2021, all sales of goods by a foreign seller facilitated by an OMP will be treated as a “supply of the goods in the UK to the UK consumer by that OMP” if those goods:
Brexit is now really going to happen. On December 31, 2020, the transition period will end and by January 1, 2021, Great Britain (GB) will also leave the regulations of the European Union (EU)
Ukraine is looking to tax digital services in 2022. The advances in technology have changed our world a lot. As such, taxes need to adapt to the new norms as well. Following the latest trend of countries