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.

 

 

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Latest VAT news

22/09/2021
UK: New OSS (One Stop Shop) Guidance

The UK issued a new guidance for the OSS returns and VAT payments. This guidance is aimed towards all companies subscribed to the OSS non-union scheme.

UK
20/09/2021
UK: New Guidance on VAT refunds for UK and non-UK businesses

HMRC released a new guidance for UK and Isle of Man businesses who wish to claim an EU VAT refund as well as for non-UK businesses who wish to claim a VAT refund in the UK.

UK
15/09/2021
COVID-19: VAT Developments worldwide

We cover all the latest COVID-19 developments all across the world. Updated COVID-19 rates and relief measures from the UK, Italy, Belgium, Thailand, Vietnam, Czech Republic

COVID19
10/09/2021
Romania: New SAF-T obligation in 2022

As of 2022, a new SAF-T requirement will be in place in Romania. Romanian tax authorities will require large taxpayers to report what is also known as the D406 Informative Declaration.

VAT Updates
09/09/2021
Nigeria: The tax dispute between the federal and state governments is causing confusion to the tax-payers.

The Federal Inland Revenue Service (FIRS) of Nigeria has failed to obtain a stay-of-execution on the decision of the court. As a result, on 6 September the governor of River States directed the state’s tax authority to begin implementing and enforcing the Rivers State VAT law.

VAT Updates
06/09/2021
Poland releases an extensive guide on the new EU eCommerce VAT package

On September 1st, 2021 the Polish ministry of finance released further explanations regarding the EU eCommerce VAT package.

OSS / IOSS
02/09/2021
Nigeria: Federal Government not entitled to impose nor collect any form of sales tax including VAT

Nigeria’s Federal High Court ruled that the Federal Government is not entitled to impose any form of sales tax including Value Added Tax (VAT). Based on this decision, the current position of the law is that the Federal Government of Nigeria lacks the power to enact any law relating to VAT or Sales Tax in Nigeria. 

VAT Updates
30/08/2021
Thailand: Non-resident electronic service providers with an income above 1.8 million THB subjected to VAT from 1 September 2021

Thailand: Non-resident electronic service providers with income above 1.8 million THB subjected to VAT from 1 September 2021

Digital Services
25/08/2021
Spain to extend mandatory e-invoicing to the B2B sector

Spain is initiating a reform aimed at combating late payments in commercial operations by extending the obligation to issue and exchange electronic invoices to a B2B sector.

Einvoicing
16/08/2021
Saudi Arabia: e-Invoicing to become mandatory in two phases

New electronic invoicing system. The Saudi Arabian Tax and Customs Authority (ZATCA) is rolling out a two-phase reform.

Einvoicing

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