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 Esterometro will be no longer applicable | |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 |
