Blogs

Overview This release is a scheduled maintenance release of the VAT Reporting application for the month of November. Main changes in Reports All countries are On Hold for 2018. Finland: ...Continued

Today’s monthly meeting of EU Finance Ministers, ECOFIN, failed to reach agreement on a proposed €7billion VAT E-commerce Package.  This included a plan to make the major international platforms (e.g....Continued

The six member states of the Gulf Co-operation Council agreed under the Gulf VAT Treaty this year to introduce 5% VAT as a harmonised, VAT union. Below is an update of the progress to date: ...Continued

The German Federal Ministry of Finance published a decree on 10 October to permit a VAT registration exemption for foreign companies holding call-off stock in Germany. Call-off stock are goods held...Continued

Romania is to relax the initial mandatory requirements for VAT payers to implement split payment measures. Anti-VAT fraud split payments were introduced on a voluntary basis from 1 October 2017. Th...Continued

Overview This release 17.9.2 is a patch to our 17.9.1 maintenance release; it includes the latest updates for the IT VAT Book (d193) and also updates for SII. This version includes all the updates fr...Continued

Liechtenstein is to reduce its VAT rate from 8% to 7.7%.  The change will come into effect on 1 January 2018.  The reduced VAT rate of 2.5% will be unaffected. The hotel accommodation and related serv...Continued

France is proposing to impose the obligation for French registered companies to use certified VAT software on B2C cash and credit transactions from 1 January 2018. The will include a requirement to...Continued

The International Monetary Fund has rejected calls for a rethink of taxation principles for the digital, Peer-to-Peer (P2P) economy.  Instead, it suggests that any changes required to adapt to the bur...Continued

Overview This release is a scheduled maintenance release of the VAT Reporting application for the month of August. In this release, we have provided updates to SII, enhancements and included several ...Continued