Blogs

France has updated its VAT code for 2017 with a number of changes. Paper-based sales and purchase invoices may now be transferred to digital-only storage instead. The reduced 5.5% VAT rate is ...Continued

Austria: The new periodical VAT Return for 2017 is now available in PDF format. Finland: We now support the new e-format for the VAT Return and EC Listing to be used in 2017. Germany: The ne...Continued

The new 2017 French Finance Law contains a requirement for any business to report within 24 hours any VAT transaction above €863,000. The new requirement is not due to come into force until January...Continued

Germany is proposing a range of measures (Bürokratieentlastungsgesetz II) to simplify the VAT compliance burden on small companies. These include: The annual VAT return will be due on 31 July of ...Continued

The prospect of a 2% VAT increase in France – from 20% to 22% - has been raised by presidential-favourite Francois Fillion. The former prime minister won last month’s Republican party nomination. H...Continued

Finland: There is a new VAT return in pdf form and we now support correction VAT returns. Austria: Negative amounts on the AT VAT Return in both PDF and XML will now trigger a warning when you ...Continued

Romania is still on course to reduce its VAT rate from 20% to 19% from 1 January 2017. This rate cut follows the 2016 reduction from 24% to 20%. Romania originally hiked VAT from 19% to 24% in 2010...Continued

Czech Republic:There is a new functionality to file a correction in VAT Book. Estonia: As of January 2017, the layout of the VAT return will change. The new VAT rate of 14% is shown in a new bo...Continued

Liberia has raised its VAT rate from 6% to 10%. There will also be a cut in the surcharge tax on telecoms services to 5%....Continued

The Turkish 2104 VAT Law has been recently amended. Changes include: Bond purchases become VAT exempt An exemption from VAT on transportation costs for animal-related supplies Changes to th...Continued