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UK extends hospitality & tourism VAT cut to 5% till 30 Sept 2021; then 12.5% till 30 April 2022

The UK's Chancellor of the Exchequer, Rishi Sunak, has extending again the VAT rate cut on hospitality and tourism from 20% to 5% until 30 Sep 2021; then 12.5% until 30 April 2022...Continued

Ireland returns VAT rate to 23% 1st March 2021

Ireland today reverses its temporary COVID VAT rate cut, increasing the standard VAT rate to 23% from 21%. The cut on the reduced rate for tourism and hospitality rates from 13.5% to 9% remains in pla...Continued

UK defers £30bn VAT payments; 2021 repayment schedule

UK has announced that all VAT payments are postponed until the end of June 2020. Settlement is due by 31 March - although businesses may now apply for an 11-month 2021 repayment schedule ...Continued

US Wisconsin scraps sales tax threshold for foreign sellers

Foreign sellers of goods to Wisconsin consumers will now have to immediately register for sales tax to charge local online shoppers. The state withdrew the annual sales registration threshold of $100,...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

Poland drops UK Fiscal Representative requirement

Poland has reversed its requirement for UK businesses with a Polish VAT registration to appoint a Brexit Fiscal Representative. This follows the inclusion of a Mutual Assistance Protocol in the EU-UK ...Continued

Spain withdraws VAT local bank payments requirement

Non-resident businesses with Spanish VAT registrations will no longer be required to make regular VAT settlements via a Spanish bank account. This will apply to VAT payables from March 2021, and taxpa...Continued

Germany to miss postal operators IOSS July 2021 launch

German customs authorities have warned that the portal to support the new Import One Stop Shop (IOSS) will not be ready for postal operators for the EU e-commerce VAT package on 1 July 2021. This will...Continued

Brexit VAT & import duties refund on returns or own goods

Following the UK’s exit from the EU from 1 Jan 2021, many e-commerce businesses are struggling with the cost of import VAT, customs duties or excise duty on goods returned by customers. However, it i...Continued

Singapore GST on ecommerce imports Jan 2023

Singapore is to impose Goods and Services Tax (GST) on imported sales of goods from 1 January 2023. Currently, imports not exceeding SGD 400 (about €250) are exempt from GST. Non-digital B2C services ...Continued