Here is where you can find the best analysis, insight and information on international VAT, categorised for your easy reading pleasure. It’s a veritable feast for the mind. In a hurry? Scroll down to find a selection of the latest headlines.

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Finland / Restricts Foreign Companies’ Simplified VAT Registration From 1st May 2019

July 3rd, 2019|Finland|

Recent changes to Finnish VAT law have restricted the option to apply for a simplified registration (known as notification duty) which can be used by foreign companies. Now, the notification duty will no longer be applicable to foreign businesses that in addition to undertaking intra-community trade that involves Finland: Buy construction services or other services in Finland to which the [...]

Turkey / Abolishes Low Value Consignment Relief in June 2019

July 2nd, 2019|Turkey|

Turkey has removed its low value consignment relief effective as of 1st June 2019. The regime applied to imported packages of goods entering Turkey which had a value of no more than EUR 22.  It provided that these supplies were exempt from both import VAT and any related customs charges. However, the new rules effectively level the playing field between [...]

UK / Potential TOMS Changes in Event of No-deal Brexit

July 2nd, 2019|UK|

Recently issued regulations should ensure that in the event of the UK leaving the EU in a no-deal Brexit scenario, changes can be made to UK legislation to prevent double taxation when supplies of travel services are made. The Tour Operators Margin Scheme (TOMS) is a mandatory EU wide-simplified VAT accounting scheme for tour operators that buy in and sell on travel [...]

Belgium I Non-EU established entities cannot act as exporter

June 25th, 2019|Belgium|

The Belgian customs authorities have made an important change to their definition of an ‘exporter’ in reference to Box 2 of the Single Administrative Document (SAD). A key condition to becoming an exporter of EU goods for customs purposes is to be established in an EU customs territory and also to hold a valid EORI number. When we are talking [...]

EU I Intrastat Reform 2020 Delayed to 2022

June 21st, 2019|EU|

Intrastat is the system for collecting statistics on the movement of goods between Member States made by VAT-registered businesses. The EU Commission has proposed regulation, called FRIBS (the Framework Regulation Integrating Business Statistics), with an aim to modernise the Intrastat system as part of its more expansive project to harmonise the collection of business statistics throughout the EU. Initially expected to be [...]

Poland I Rolls-out “White List” VAT Tool Effective From September 2019

June 20th, 2019|Poland|

Poland has recently enacted legislation introducing a VAT register for companies, known as a “white list”, to enhance VAT compliance from 1st September 2019. The register will hold key information on VAT-registered companies in Poland including: their contact details; dates of VAT registration; dates and reasons for deregistration/reregistration; and their bank account details. The aim of the white list is [...]

Belgium I B2B Supplies Caught By New TOMS Guidelines From 25th May 2019

June 19th, 2019|Belgium|

Further to the European Commission launching infringement proceedings against it at the start of the year, Belgium has enacted legislation changing the way it applies the special VAT scheme for travel agents (TOMS). These new rules came into effect on 25th May 2019. TOMS is an EU-wide simplification measure which must be used by businesses that buy in and resell [...]

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