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EU adopts e-book VAT harmonization

The European Union has formally ratified the right of member states to harmonise their VAT rates on electronic books and publications...Continued

Poland ratifies SAF-T to replace VAT returns 2019

Poland has confirmed that mandatory VAT returns will no longer be required from January 2019. ...Continued

UK freezes VAT registration threshold till 2022

The UK Chancellor today announced that the £85,000 annual VAT registration threshold will be frozen for a further two years. There is already a 2-year freeze in place until 2020. So this new extension...Continued

EU Parliament votes to cap VAT at 25%

The European Parliament has requested an amendment to Commission VAT reforms to include a maximum cap on the EU standard VAT rate of 25%. Currently there is no upper limit, but only Hungary, with a ra...Continued

Italy eases SdI live invoice deadlines

Italy has eased the reporting deadline for the roll out of B2B and B2C SdI real-time invoice reporting from 1 January 2019, and provided a soft landing period until 1 July 2019. The original requireme...Continued

Poland delays VAT cut to reform reduced rates

Poland’s Ministry of Finance has announced that it will recategorise many supplies to within the current reduced VAT rate category. However, this will mean Poland will not go ahead with the return of ...Continued

Hungary VAT registration threshold HUF 12m Jan 2019

Hungary has received permission to introduce an VAT registration threshold for businesses of HUF 12 million from 1 January 2019. This is approximately €48,000, based on the fixed exchange rate applied...Continued

UK MTD pilot goes public; Oct 2019 groups & non-resident delay

HMRC announced today that it is opening the test pilot for its Making Tax Digital for VAT programme to the public.  However, HMRC also announced that it is deferring the MTD obligations for group VAT ...Continued

Italy Esterometro replacing the Spesometro Jan 2019

On 1 January 2019, Italy will withdraw the requirement for resident and non-resident Italian tax payers to complete the Spesometro quarterly / bi-annual sales and purchase invoice listing. This is par...Continued

Ireland raises tourism VAT to 13.5%

In today’s 2019 Budget, Ireland announced that it will raise the VAT rate on tourism services from 9% to 13.5%. This will happen on 1 January 2019. The Minister for Finance, Pachal Donohoe, stated tha...Continued