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Oman 1 April 2021 VAT implementation

Oman now plans to implement a 5% VAT from 1 April 2021. This is based on a decree approved by Sultan Haitham Bin Tariq Al Said. Oman would be the fourth of six Arab Gulf states to introduce VAT as pa...Continued

Peru VAT on foreign digital services bill

Peru is set to become the latest country to impose VAT on digital or electronic services provided by non-resident businesses. A bill has been presented to the Parliament last month for potential imple...Continued

Brexit export goods GB to EU; customs & VAT

This update provides the customs and VAT procedures for the export of goods from GB into the EU from 1 January 2021. After 31 December 2020, the UK is out of the EU VAT regime and customs union as th...Continued

Philippines postpones VAT filings and settlements

The Philippines has delayed VAT payments for March, for reporting February VAT transactions. This includes the return, BIR Forms 1601C. The new due date is 20 April 2020. Quarterly VAT returns for the...Continued

Indonesia latest round of digital VAT companies

Indonesia has published a fourth list of foreign providers of digital services selling to consumers that it expects to VAT register. This latest list of eight includes Alibaba Singapore, Microsoft, Gi...Continued

Singapore missing trader fraud GST liabilities

Following a public consultation, Singapore has brought forward legislation (Goods and Services (GST) (Amendment) Bill 2020) to make traders liable for missing VAT if they should have been able to dete...Continued

Hungary coronavirus VAT measures

The Hungarian tax and customs office has issued notice of tax payment deferrals following the spread of the COVID-19 virus. The measures mostly target individuals. However, businesses may apply for ta...Continued

UK updates EU-GB Border Operating Model – VAT implications

The UK government has today updated its Border Operating Model which provides guidance on the rules and processes for customs, VAT and other obligations for the movement of goods between the EU ¬¬¬and...Continued

Saudi Arabia delays VAT payments by 3 months on COVID-19 crisis

Saudi Arabia has offered Value Added Tax payment deferments for businesses for three months. There also reliefs from a range of government charges and customs. The measures were announced on 20 March ...Continued

Do I need a fiscal representative after Brexit?

As the UK prepares to leave the EU VAT regime on 31 December 2020, UK and EU ecommerce sellers may have the obligation to appoint VAT Fiscal Representatives for their non-resident VAT returns. What EU...Continued