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UK to leave EU VAT regime 31 Dec 2020

The UK will leave the EU VAT regime, Customs Union and Single Market after 31 Dec 2020. This will mean the loss of a range of compliance simplifications and the imposition of customs declarations, che...Continued

UK updates 2021 ecommerce imports and marketplace reforms

The UK’s HMRC has updated its guidance on the new rules for ecommerce imports and marketplace liabilities from 1 January 2021, the end of the Brexit transition period....Continued

Greece VAT measures for coronavirus

The Greek government has introduced a number of VAT measures to help businesses cope with the COVID-19 epidemic. ...Continued

EU to arm VAT Committee with implementation powers

As part of the recently announced EU Tax Package, the European Commission (EC) is bringing forward to empower its VAT Committee with rule implementation powers...Continued

Israel delays VAT filing and payments on COVID-19

The Israeli Finance Minister, Moshe Kahlon and Tax Authority Director, Eran Yaakov, have announced a 10-day deferment on Value Added Tax filings and payments. The return due on 16 March is now due by ...Continued

India relaxes e-invoice deadline for COVID-19

India is to provide a 1-month soft-landing period for smaller businesses on the 1 October 2020 rollout of electronic invoices....Continued

Greece delays myDATA e-invoices e-books to 1 Jan 2021

Greece has announced today that the mandatory introduction of e-invoices and e-books has been delayed from 1 October 2020 to 1 January 2021. This is due to the economic disruption caused by the COVID-...Continued

China e-invoice trials underway

China has launched last month a series of electronic invoice trials to update the existing fapiaos paper-based government controlled system. Also known as the Golden Tax System. Initially, this will b...Continued

UK post-Brexit VAT on e-commerce B2C imports

The UK’s HRMC has released details of the changes to VAT on goods sold from overseas to UK consumers after the end of the Brexit transition period, 31 December 2020. The 1 January 2021 UK B2C ecommerc...Continued