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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Germany | EC issues notice for strict obligations on online marketplaces

November 22nd, 2019|Germany|

The European Commission sent a formal notice to Germany as a result of its stringent requirements on online marketplaces. Businesses selling goods on digital marketplaces are currently required to obtain a paper certificate from the German Tax Authorities.  The EC sent the notice on 10 October 2019. With effect from 1 October 2019 in Germany, the online marketplaces became jointly [...]

France | EU’s Four ‘Quick Fixes’ for VAT in effect from January 2020

November 21st, 2019|France|

On 27 September 2019, the government presented its Finance Bill for 2020. This included proposals to implement the four 'Quick Fixes' for VAT in France. These are simplifications to the cross-border supply of goods within the EU. The new rules take effect on 1st January 2020. This new law follows many other EU Member States in implementing the European Commission’s [...]

  • MTD delay

UK | HMRC to allow extension for some VAT payers to delay MTD

November 20th, 2019|UK|

HMRC has announced that some UK businesses can apply for an extension to comply with MTD. These are those with complex or legacy IT systems; they can apply for an extension to comply with the MTD requirements for digital links. However, it is important to note that any extension does not apply to digital submission or digital record keeping. The [...]

  • Slovenia four 'Quick Fixes'

Slovenia | Government implement EU’s ‘Quick Fixes’ for VAT into Law

November 19th, 2019|Slovenia|

On 4 October 2019, the Slovenian government passed a law which contained several amendments to the Slovenian VAT law. These entered into force on 19 October 2019 with them taking effect from 1 January 2020 as a result. The main changes include the four 'Quick Fixes' for VAT; the EU temporary cross-border transaction simplifications. So these are: Simplification and harmonisation [...]

  • Chairman of Accordance

Bloomberg Tax | VAT After Brexit

November 18th, 2019|Press Room|

Nicholas Hallam, of Accordance, considers what the VAT landscape might look like after Brexit. VAT After Brexit During the final stages of last month’s chaotic scramble for a Brexit withdrawal deal, it was widely reported (mainly via tweets from incredulous political correspondents) that the sole remaining impediment to an agreement was the nature of arrangements for value-added tax (VAT) in [...]

  • Spain four quick fixes

Spain | Government announce public consultation on EU’s four ‘Quick Fixes’ for VAT

November 18th, 2019|Spain|

On 1 October 2019, the Ministry of Finance announced for public consultation two draft bills proposing various amendments to the Value Added Tax (VAT) Law and VAT Regulation. As a result, the draft bills are expected to become effective from 1 January 2020. The draft bills mainly relate to the implementation of the EU temporary cross-border transaction simplifications; known as [...]

  • Austrian VAT

Austria | EU Four VAT ‘Quick Fixes’ and reduced VAT rate for E-books

November 5th, 2019|Austria|

In September 2019, the lower house of the parliament (Nationalrat) approved the draft bill which contained several proposals for amendments to the Austrian VAT law that is due to come into force in 2020. The main proposals relating to Austrian VAT (USt/MwSt) include: The implementation into legislation of the EU’s Four VAT ‘Quick Fixes’ A reclassification of the VAT rate [...]

  • Norwegian VAT

Norway | ‘Ha Det’ to Low Value Consignment Relief

November 4th, 2019|Norway|

The Norwegian government has presented its State Budget for 2020, including changes to Norwegian VAT (MVA). It proposes: To remove the existing low-value consignment threshold of NOK 350 for goods purchased by consumers from abroad; Moreover, the proposal suggests replacing it with a mandatory simplified reporting VAT scheme Consequently non-established sellers/marketplaces will need to register and report VAT under the [...]

  • Portuguese e invoicing

Portugal | Implementation of e-invoicing delay for non-residents

November 3rd, 2019|Portugal|

The Portuguese e invoicing rules delayed until 1 January 2021. The Portuguese Government postponed the requirement for non-resident VAT registered businesses to produce electronic VAT (IVA) invoices on certified software packages. Consequently the initial deadline of 1 January 2020 now delayed to 1 January 2021. Foreign VAT-registered companies meeting any of the following conditions creates the requirement to comply with [...]

  • Bulgarian Intrastat

Bulgaria | Intrastat thresholds increase from 2020

November 2nd, 2019|Bulgaria|

The director of the National Statistical Institute has issued an order regarding an increase in the Bulgarian Intrastat thresholds which are due to take effect as of 1 January 2020. The new thresholds will be: Dispatches - BGN 290,000 (currently BGN 280,000); and Arrivals - BGN 470,000 (currently BGN 460,000). The threshold for simplified reporting of single low-value transactions will [...]

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