VATupdate
VAT

Upcoming changes in 2021 (or later) in European Union / Norway / Switzerland

Source Upcoming changes in 2021

See alo:

  • VAT rate changes as of March 1, 2021, click HERE
  • Implementation in the EU Member States of the EU E-Commerce VAT Directive per July 1, 2021. The overview can be found HERE
  • For an overview of the VAT registration thresholds, click HERE
European Union Approved Link COVID-19: VAT Relief on Vaccines and Test Kits for EU hospitals, medical practitioners and individuals till December 31, 2022.
Following countries introduced 0% VAT rating on Vaccines, click Link
Austria Link The tax deferrals limited until 15 January 2021 will be extended until 31 March 2021.
The measure not to charge deferral interest and late payment surcharges is also extended until 31 March 2021
Bulgaria Preparation Link Introduction of E-Invoicing (no timing yet)
Croatia Link Postponed accounting for importation via the VAT return, threshold to apply VAT cash accounting method increased
Link The threshold for the application of the VAT cash accounting scheme has been increased from the previous HRK 7.5 million to a new threshold of HRK 15 million.
Cyprus Link Extended deadlines for VAT payments (COVID-19)
Czech Republic Approved Link COVID-19: Deferral of VAT payments and waiver of interest for impacted taxpayers
Link Electronic recording of sales additionally postponed till 2023
France Draft Link Implementation of a French VAT Group (Article 45 of the Draft Finance Bill for 2021) – entry into force as of January 1st, 2022 for an effective application on January 1st, 2023
Proposal Link Implementation of compulsory electronic invoicing & real time reportingas of Jan 1, 2023
Greece Link Invoicing reporting starts on 1 April 2021 for companies which send e-documents from their ERP accounting systems or Greece Mydata SAP software. The invoices issued in the period between 1 January 2021 and 31 March 2021 shall be transmitted until 31 October 2021.
Hungary Proposal Link Implementation of SAF-T reporting (most probably as of 2022)
Approved Link Live VAT transaction reporting (RTIR) is being extended from 1 April 2021 to include B2C invoices
Italy Link Cross-Border E-invoicing may be implemented as of 2022. Esterometro will be no longer applicable
Link Introduction of Plastic Tax as of July 1, 2021
Link Stamp duty on electronic invoices
Poland Proposal Link Oct 1, 2021 or Jan 1, 2022: Implementation of SLIM 2
Proposal Link VAT grouping in Poland (most likely) as early as 2021? – Draft law available in the VAT Committee document?
Proposal Link E-Invoicing & Real Time Reporting (Optional as of July 1, 2021 – Mandatory as of 2023)
Portugal Link Portuguese Government has postponed the mandatory ATCUD code (or Validation-Sequential number code) on invoices including electronic XML invoices to 1 January 2022.
  QR code regulation starts from 1 January 2021. All the invoices issued from that date must contain a two dimensional bar code (QR Code). This code will include almost all the invoice information that must be reported. Electronic invoicing to public entities mandate (b2g e-invoicing) will be parallel to this regulation. It is important that QR code must appear on all the invoices issued for public procurement. Taxpayers’ ERP/accounting systems must be technically ready for all of these changes in 5 weeks.
Romania Draft Link Implementation of SAF-T reporting (most probably as of 2022)
Slovakia Link Slovakia: Mandatory B2B E-Invoicing (timing unknown) – Consultation period started – No details yet
Link Implementation of JPK_VAT and VAT Split payment
Spain Link Implementation of Digital, Financial Transaction and a Plastic Tax.
Sweden Proposal Link Reverse charge for value added tax (VAT) regarding mobile phones, integrated circuits, game consoles, tablets, and laptops; this reverse tax liability would apply only when the total tax base for sales of such goods exceeds SEK 100,000 (proposed effective date of 1 April 2021)
United Kingdom Budget 2021 Link Scope of Making Tax Digital (MTD) for VAT extended: It has been confirmed that MTD obligations will apply to all UK VAT registered taxpayers for accounting periods beginning on or after 1 April 2022. This may cause some difficulties for micro businesses.
March 1: Domestic reverse charge on construction services
March 31: Repayments of deferred VAT
Norway Link Norway SAF-T digital filing replaces VAT return 2022

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