Value Added Tax
Goods and Services Post-Brexit – Supply Chain Planning
To help businesses understand the impact of Brexit, we’ve cover the essential considerations for supply chain planning in this blog. Goods and services in 2021
Category: Value Added Tax
Value Added Tax
Will Poland Beat France in the Race to CTC?
The Polish Ministry of Finance announced a timeline for its plans to introduce a Continuous Transaction Controls (CTC) scheme, with a roll-out to start in
Value Added Tax
UK: HMRC Update Policy Paper on Goods Moving Between the UK and Northern Ireland
Following our last article published on 25 November 2020, HMRC has recently updated its policy paper outlining the VAT accounting processes that will apply to
Value Added Tax
Temporary VAT Cut Passed on to German Supermarket Shoppers
German VAT rates were temporarily reduced in July 2020 to alleviate the economic impact of COVID-19. A stimulus package reduced the standard rate from 19%
Electronic Invoicing
Turkey’s E-Arşiv Invoice Mandate and Integration Methods
The Turkish Revenue Administration (TRA) expanded the e-transformation practices both in terms of application and taxpayers in scope with the General Communique issued on 19
Value Added Tax
Brexit and Fiscal Representation
Recently, we outlined the need for speed in understanding fiscal representation obligations. Post-Brexit, there are many ramifications for businesses operating cross-border. Among them the requirement
E-archiving
Italian Tax Controls: Five Key Facts to Know Before the New Year
While Italy rolled out its continuous transaction controls (CTC) reform in 2019, 2020 has been a year of expansion. Italian authorities plan to leverage all
Value Added Tax
Spain Extends SII Scope From 2021
The tax authority in Spain, Agencia Estatal de Administración Tributaria (AEAT), aiming to enhance the Immediate Supply of Information (SII) version 1.1, has introduced new
Electronic Invoicing
Hungary Expands Real-Time VAT Controls
The scope of Hungary’s real-time reporting has been extended. From 1 January 2021, reporting obligations will also include invoices issued for domestic B2C transactions in
Value Added Tax
Audio Blog: Brexit and VAT
Brexit: What are the Implications for VAT Brexit is set to become reality at the end of December. So, what does it mean for organizations
Value Added Tax
Northern Ireland Protocol: VAT implications
Northern Ireland Protocol: ‘Windsor Framework’ Developments Update: 28 March 2023 by Russell Hughes UK Government reaches agreement with EU on new Brexit Deal The UK
Tax Compliance
SAF-T – What’s Next?
We last reviewed the SAF-T global situation over a year ago, and in that time there have been many changes and proposals especially across the
Electronic Invoicing
The Age of Automation: How Tech Can Support Finance Teams
Find out why it makes sense to invest in tech and automation to streamline tax processes and alleviate the burdens finance teams face. The shift
Electronic Invoicing
France: How the EU’s 2nd Largest Economy Plans to go CTC
France is introducing continuous transaction controls (CTC). From 2023, France will implement a mandatory B2B e-invoicing clearance and e-reporting obligation. With these comprehensive requirements, alongside
News
Will EU Member States and Businesses Be Ready for the July 2021 VAT E-Commerce Rules?
As we move full speed ahead towards the proposed deadline of 1 July 2021 for the new VAT e-commerce rules, EU countries are beginning to
E-archiving
Italy: New E-Archiving Requirements in 2021
Italy has been at the forefront when it comes to the introduction of continuous transaction controls (CTC) in the EU, and it still leads the
Value Added Tax
Brexit and Fiscal Representation: What Do Businesses Operating in the EU Need to Know?
Our Brexit and VAT series aims to offer the vital information and planning tips businesses operating cross border need. This week, we’re addressing fiscal representation
Value Added Tax
Seven Tips for Choosing a VAT Compliance Managed Service Provider
As discussed in three key reasons to appoint a VAT managed service provider, the VAT compliance demands from tax authorities around the world continue to