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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

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

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

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

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