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EU warns UK on MOSS VAT credits

The European Commission ('EC') yesterday warned the UK that it was not complying fully with the EU Mini One-Stop-Shop (MOSS) scheme. MOSS was introduced across the EU in 2015. It enables providers ...Continued

Companies cutting UK exposure on hard Brexit fears

In anticipation of Brexit, 1 in 12 businesses are now planning to reduce their business in the UK compared to just 1 in 50 in 2016 The latest Avalara Brexit Survey first carried out in September 2016...Continued

UK wins EU ruling that Bridge is not VAT exempt sport

The European Court of Justice, ECJ, has today ruled that the card game Bridge is not considered a sport, and therefore 20% VAT is due on tournament or club membership fees.  The European court was ref...Continued

Norway SAF-T Jan 2018

Norway is on course to introduce Standard Audit File for Tax (SAF-T) reporting obligations from 1 January 2018.  The detailed, electronic transaction reporting requirement, adopted across many Europea...Continued

Polish live cash register requirements

Poland is to introduce a new, centralised database to live record all cash based payments in shops, restaurants and similar outlets. This will include a new range of electronic point-of-sale regist...Continued

What’s in store at the Transactional Indirect Tax Summit 2017?

As the world of business has become increasingly global, the number of transactions processed across both borders and continents has experienced growth of its own on a similarly drastic scale. This...Continued

UK Brexit EU VAT & Customs Union exit law

In today’s UK Queen’s speech, when the government announces up and coming legislation, initial plans were included for a Bill to exit the EU VAT regime and Customs Union. Later this summer, a Finan...Continued

EU fails to agree on VAT General Reverse Charge

The most recent meeting of EU Finance Ministers (ECOFIN) on 16 June failed to agree on the implementation of the voluntary General Reverse Charge (GRC) to fight VAT fraud. The GRC, promoted by the ...Continued

Hungary lowers domestic invoice listing threshold

From 1 July 2018, Hungary will recover all VAT-registered businesses to provide a live report of transactions above HUF100,000.  This is a lowering of the planned threshold. The report, Belföldi Ös...Continued

EU fails to agree on e-Book reduced VAT

On 16 June the EU’s Economic and Financial Affairs Council (ECOFIN) failed to reach agreement on reducing VAT rates on e-books to match printed books.  The Czech Republic objected to the measure.  The...Continued