VATupdate - Your daily VAT news

Netherlands

Central European Distribution Warehouses are booming with upcoming Brexit

With the UK leaving the European Union, businesses that are importing goods from the UK may want to look at customs warehousing possibilities. The authors Willem Veldhuizen and Ton Bendermacher have written an article on the customs procedures and...

7 hours ago

Technology

How to deal with sudden VAT rate changes in SAP?

Source Deloitte

8 hours ago

United Kingdom

UK reduces VAT on hospitality (food & non-alcoholic drinks) and tourism (accomodation & attractions) to 5% as of July 16, 2020 till Jan 12, 2021

The UK hospitality sector has been adversely affected by the Covid restrictions. An industry with 2 million employees has seen 1.4 million of them furloughed. To kickstart this from July 15 until January 12 next year VAT will be reduced from 20% to...

8 hours ago

General

Flashback on ECJ/CJEU cases: GMAC UK (C589/12) – Interaction between Sixth VAT Directive and national law

CJEU GMAC UK judgment Cars sold, repossessed and resold publicly under a hire purchase agreement – Reduction of taxable amount – Direct effect Business case To what extent is a taxable person, in relation to two transactions concerning...

8 hours ago

Norway

Tax authorities focus on VAT registration obligations of certain foreign suppliers

Source Deloitte

9 hours ago

Central European Distribution Warehouses are booming with upcoming Brexit

How to deal with sudden VAT rate changes in SAP?

UK reduces VAT on hospitality (food & non-alcoholic drinks) and tourism (accomodation & attractions) to 5% as of July 16, 2020 till Jan 12, 2021

Flashback on ECJ/CJEU cases: GMAC UK (C589/12) – Interaction between Sixth VAT Directive and national law

Tax authorities focus on VAT registration obligations of certain foreign suppliers

Latest news

Central European Distribution Warehouses are booming with upcoming Brexit

How to deal with sudden VAT rate changes in SAP?

UK reduces VAT on hospitality (food & non-alcoholic drinks) and tourism (accomodation & attractions) to 5% as of July 16, 2020 till Jan 12, 2021

Flashback on ECJ/CJEU cases: GMAC UK (C589/12) – Interaction between Sixth VAT Directive and national law

Tax authorities focus on VAT registration obligations of certain foreign suppliers

Tax authorities modernizing VAT reporting system

Rules governing provision of digital services issued

Overview of tax controversy trends and procedures

First stage of nationwide “faceless assessment” scheme for imported goods launched

E-books reporting to begin 1 October 2020; e-invoicing incentives released

KATSO IDs to be replaced by Suomi.fi authorization

Recent VAT developments in Russia: VAT treatment of face masks, VAT exemption for medical products, and more

COVID-19: Zero VAT rate proposed for goods used for testing and prevention

Malta Announces Deferral of the First Reporting Deadlines for DAC6

Estonia Providing Deferral for DAC6 Reporting

Bangladesh Extends Exemption from Import Taxes on Medical Products and Protective Equipment

COVID-19 Pandemic: The Ivorian Government Implements the Tax Measures Announced

COVID-19 Pandemic: Sri Lanka Further Extends Deadlines for Various Tax Returns

Mandatory e-invoicing in German Federal Government’s public procurement as of November 27, 2020

COVID-19: Global measures (63 countries) taken on VAT rate reductions, exemptions and donations (Status July 8, 2020)

E-Way Bill Login Portal FAQs

Hospitality VAT cut considered as industry bodies call for further action

VAT reduction e-publications does not lead to a decrease of prices

Imported goods for COVID-19 purposes exempted from VAT

COVID-19: Temporary exemption from VAT of certain types of products necessary for food and medical needs of the population

Exemption from payment of VAT and customs duties on goods imported for the purpose of humanitarian aid and donations

Ampleaward – purchaser using UK VAT number not liable for UK acquisition VAT where goods housed in overseas warehousing regime

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