VATupdate

UAE transfers AED 1 billion customs duties for the GCC in 2018

The Federal Customs Authority announced that the total value of customs duties transferred by the UAE to the GCC countries amounted to about one billion dirhams in 2018, as well as transfers from the GCC to the local customs administrations...

The tax impacts of Brexit

There are a number of tax changes that will arise if the UK leaves the EU without a deal by virtue of the UK no longer being a member of the Single Market and Customs Union.
Source Deloitte

EU – VAT exemptions for small enterprises – VAT thresholds per country

In most EU countries you can apply for a special scheme that enables you to trade under certain conditions without the need to charge VAT. If your company makes taxable supplies of goods or services below a certain annual limit, it may be exempt...

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