VATLive > Blog


Moldova COVID-19 VAT rate cut

The Moldavian Ministry of Finance has proposed some initial Value Added Tax measures to assist businesses struggling with the effects of the coronavirus pandemic. VAT will be cut for the tourism indu...Continued

Brexit Northern Ireland 'XI" GB EU transactions

Northern Ireland will remain within the EU's single market, customs union and VAT regime. To record VAT transactions, a new 'XI' country code will be used on invoices and supplementary filings. This w...Continued

Turkey COVID-19 VAT relief measures

Turkey is offering VAT filings and payment delays for specific sectors. There has also been a limited VAT rate cut to certain sectors....Continued

Norway cuts 12% reduced VAT rate to 6%; delays returns on COVID-19 crisis

The Norwegian government has cut its reduced VAT rate from 12% to 7% between March and October 2020. The rate applies to cinema admission, public transport, hotel accommodation services, entrance to c...Continued

Germany loses VAT recovery case at ECJ

Germany has lost an important VAT recovery case at the European Court of Justice. The EU court of last resort held that foreign companies should be allowed to submit German VAT reclaims initially with...Continued

Ireland suspend late VAT penalties on coronavirus crisis

The Irish Revenue Commission has announced tax measures to help business with cashflow issues arising from the coronavirus Covid-19 pandemic. ...Continued

Malaysia service tax measures for COVID-19

Malaysia has introduced a number of service tax measures to help companies during the coronavirus outbreak. Service Tax on accommodation and hotel services have been cut from 6% to zero. This has also...Continued

Bulgaria VAT reliefs COVID-19 crisis

The Bulgarian tax authorities are considering a cut on hospitality VAT rates to 5%. It will not extend Value Added Tax filings deadlines until further notice to help businesses through the coronavir...Continued

Italy extends e-invoicing to cross-border 2022

Italy is to extend its SdI e-invoicing regime to cross-border invoices, and will withdraw the requirement to complete an Esterometro return. This will apply from January 2022. From 2022, sales invoice...Continued

UK clarifies Brexit Northern Ireland ‘XI’ VAT number

The UK’s HMRC has issued fresh guidance on VAT transactions between Northern Ireland (NI), the EU and the UK excluding NI (Great Britain or GB). This address identifying the correct VAT reporting of t...Continued