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Poland delays SAF-T replacement of VAT return till 2020

Poland has again delayed an update of its Standard Audit File for Tax (SAF-T) mandatory filing regime, and withdrawal of the requirement to submit a periodic VAT return. The date has been moved from 1...Continued

Romania SAF-T introduction 2020

Romania’s tax authority, Agenția Națională de Administrare Fiscală (ANAF) is to introduce Standard Audit File for Tax (SAF-T) VAT transactional reporting by the end of 2020. ...Continued

VAT

Turkey ends low-value consignment stock relief

Turkey has withdrawn the import VAT low value consignment stock relief at the start of this month. Previously, postal packages with a declared value of €22 or less were exempted from import VAT....Continued

GST

India live e-invoice registration threshold of Rs 50 core

Ongoing discussions around the introduction later this year of live e-invoice reporting for GST are to turn to setting an annual sales registration threshold for participating taxpayers. Indian anno...Continued

GST

New Zealand GST on foreign sellers delay till Dec 2019

New Zealand is to require non-resident businesses selling goods to its consumers to collect 15% Goods and Services Tax from 1 December 2019, a two-month delay for the Oct launch plan. This is based on...Continued

Bulgaria raises VAT registration threshold

Bulgaria is considering raising its VAT registration threshold. The current threshold will rise from BGN 50,000 to BGN 100,000 sales per annum. The new threshold will apply 1 January 2019....Continued

Portugal optional live reporting on B2C VAT e-invoices

Portugal has implemented an optional B2C live e-invoice reporting regime. This offers VAT registered businesses the option to forgo the obligation to issue invoices for sales to consumers. ...Continued

Poland launches white list of VAT payers

From 1 September, Poland will publish online a daily list of VAT registered businesses for verification of VAT compliance. Users of the new database can search historic records of VAT compliance of ...Continued

France Fulfilment House Due Diligence Scheme

From 2020, France is looking at requiring fulfilment houses to undertake basic checks on their non-EU customers to help identify non or underdeclared VAT and duties. This would replicate the UK’s Fulf...Continued

Hungary to cut hotel VAT to 13%

Hungary has announced plans to cut the VAT rate on hotel and similar rental accommodation from the reduced rate of 18% to 13%. The standard VAT rate in Hungary is 27%....Continued