EU | Member States introduce temporary reduced VAT rates in light of COVID-19

By |August 17th, 2020|

This article was last updated on 17th August at 15:00 BST EU Member States are introducing a variety of VAT measures. These measures assist businesses in navigating their way through tough trading conditions brought about by the COVID-19 pandemic. However, more recently we are seeing more tax authorities introducing temporary [...]

EU | New tax package for fair and simple taxation

By |August 17th, 2020|

VAT Consultant Russell Hughes rounds up the key proposals you should be aware of from the EU's Fair and Simple Taxation package. The European Commission (EC) recently published its new tax package for fair and simple taxation. The Fair and Simple Taxation package aims to help EU member states secure [...]

COVID-19 VAT measures introduced by EU tax authorities

By |August 10th, 2020|

Many countries are now withdrawing COVID-19 VAT reliefs. This includes VAT return filing and/or payments introduced in response to the COVID-19 crisis. While other nations are letting any reliefs expire.  If your business utilised any of these COVID-19 VAT measures, please get in touch to discuss what you need to [...]

EU | European Council delays DAC6 for six months

By |July 23rd, 2020|

Due to Covid-19, EU Member States can delay the implementation of the Directive on Administrative Cooperation (DAC6). Due to the Covid-19 pandemic, the European Council agreed to allow Member States to delay implementation of the Directive on Administrative Cooperation (DAC) in the area of taxation. This was due to come [...]

EU | Member States extend non-EU VAT refund claims deadlines

By |July 6th, 2020|

Some EU Member States extend non-EU VAT Refund claims deadlines due to COVID-19. Some EU Member States extended the deadline for submitting non-EU VAT Refund claims. The delay to the refund claims, also known as 13th VAT Directive, is a measure to support businesses during the COVID-19 crisis. The deadline [...]

EU | 2021 delay to e-commerce VAT package and One Stop Shop

By |July 6th, 2020|

EU Member States agree to postpone the VAT e-commerce package and OSS until 1st July 2021. EU Member States reached a preliminary agreement on postponing the introduction of the VAT e-commerce package and OSS until 1st July 2021. The European Council should formally adopt the delay once the text has [...]

EU | COVID-19 and next steps for your VAT-registered business

By |June 25th, 2020|

EU Member States begin to end the state of emergency for COVID-19 and remove business VAT measures. Governments in Member States are ending the state of emergency for COVID-19, and in turn, removing tax measures and exemptions put in place to assist businesses through this global pandemic. COVID-19  and VAT [...]

EU | Consultation on Tour Operators Margin Scheme (TOMS)

By |June 25th, 2020|

The European Commission (EC) opens a public consultation on the evaluation of the Tour Operators Margin Scheme (TOMS). Also known as the special VAT scheme for travel agents. We would love to get your feedback on how the scheme affects you. TOMS is a simplified margin scheme for businesses that [...]

EU | European Commission delays 2021 VAT e-commerce package and One Stop Shop (OSS)

By |May 12th, 2020|

The European Commission proposes to delay the 2021 VAT e-commerce package and OSS to July 2021. The European Commission has proposed that the implementation of the 2021 VAT e-commerce package, which was due to come into force on 1 January 2021, should be delayed until 1 July 2021 in light [...]

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