The threshold for submission of quarterly EC Sales Lists for intra-community supplies of goods is reduced from SEK 1,000,000 to SEK 500,000 from 1st January 2012. If the value of such sales exceeds this threshold, it is necessary to submit monthly declarations.

The threshold for submission of quarterly EC Sales Lists for intra-community supplies of goods is reduced from SEK 1,000,000 to SEK 500,000 from 1st January 2012.  If the value of such sales exceeds this threshold, it is necessary to submit monthly declarations.

This is a reminder that the VAT rate on restaurant and catering services is reduced from 25% to 12% from 1st January 2012.  The reduced rate does not apply to distilled drinks, wine and beer.