We wrote about bullshit-jobs earlier. And we got quite some responses from you. So apparently, it’s something that’s triggers everyone.
Which is understandable, as we all sometimes have to do something where we think: “is this really necessary?” Last week, there was a podcast on the Dutch news radio station BNR, where some ‘experts’ gave their point of view.
If you understand Dutch, you can find the podcast HERE.
One point that is made is that indeed, in a lot of jobs there are ‘bullshit elements’. One of the causes is the growth of bureaucracy in today’s societies: too much analytics, just because of the analytics… Which is something we all recognize, probably.
Data analytics can be nice and give insight into trends or identify inefficiencies or errors. But there can also be too much information. Of data that is collected firstly as a sort of afterthought, and which is used later as key identifier to make a decision.
As a VAT person, you’re dealing with transactions. And there are many of those, so to keep track of everything, a data analytics tool can be useful. An overview in a bright-coloured dashboard looks nice, traffic lights that you can allocate to people are wonderful, and automatic filing is becoming almost mandatory. But Stop! Really? Is all that extra stuff necessary to do your job?
When was the last time that you made a VAT Return by yourselves? Do you look at samples of purchase- and sales invoices? Do you actually know who you tax inspector is? And is you advisor really adding value and billing you contentiously, based on this added value that he beings to your company?
We believe that VAT people should know what’s going on in their own company, and/or they must understand the VAT consequences of the activities and actions of their company or the business they advise. VAT starts with knowledge, about the business, and of course about the rules. The latter you can get from us, your friends of VATupdate.
Make sure you visit our website every day! Thank you.
If you have any comments, questions, or ideas that you want to share with us, please send us an email at [email protected] or leave a comment under the posts of this newsletter on LinkedIn.
WORLD
- Job opportunities in Romania, Switzerland and United Kingdom
- Job opportunities in and France, India and the Netherlands
- Job opportunities in and Belgium, India and the Netherlands
- E-Invoicing developments in week 35 (Aug 27 – Sept 2, 2022)
- State Sales and Use Tax Audits Are Increasing in 2022: Here’s How to Avoid One
- September 2022 VAT & GST changes
- VAT complexities need not prevent retailers from delivering frictionless commerce
- Worldwide Corporate Tax Guide 2022
- WCO Guide to Customs Valuation and Transfer Pricing (Edition 2018)
- Are supplier portals complicating matters?
- The Danger of Indirect Tax as an Afterthought
- The Serie on Electronic invoicing explained simply
- Electronic invoicing explained simply – Part 1
- Electronic invoicing explained simply – Part 2
- E-Invoicing explained simply – Part 3: Is sending invoices via e-mail the cheapest solution?
- E-Invoicing explained simply – Part 4 : Don’t send invoices by email, but use a network to send your invoices efficiently
- E-Invoicing explained simply – Part 5: Simplicity is good: one network to send all invoices
- Accounting and audit tech update: Avalara, HMRC and more
- The rise and rise of VAT as a global source of tax revenue
WEBINARS / EVENTS
- Webinar Pagero: Unlocking LATAM with Pagero (Sept 21)
- Webinar Zampa Debattista: VAT in the Yachting (Sept 14)
- Webinar by SNI: How to prepare for Egypt e-Receipt & KSA e-Invoicing Phase 2 (Aug 31, 2022)
- Webinar Pagero: How to Prepare for e-Invoicing Mandate in Saudi Arabia (Sept 20, 2022)
- Sovos Webinar: VAT Reporting and SAF-T: EU Developments (Sept 14, 2022)
- Sovos Webinar – Retail: Prepare your business for VAT changes (Sept 6, 2022)
AFRICA
- Tax and customs duties proposals in 2022 interim budget
- Proposal to change VAT treatment of cross-border leases of aircraft engines
- The intricacy of claiming VAT deductions
- VAT and SARS’ risk-engine: Does enforcement foster voluntary compliance?
- Guidance for foreign Suppliers of electronic services
- Guide: VAT levied on the importation of goods into South Africa
- OECD Economic Survey of South Africa Includes Tax Recommendations
AMERICAS
- Plastics and Packaging Laws in Brazil
- Brazilian tax measures tackle inflationary effects on fuel prices
- Chile Tax Agency Clarifies VAT on Payment Collection, Dispersion Services
- Plastics and Packaging Laws in Chile
- Chile urges compliance with digital service rules
- Draft Law Proposes Expansion of E-invoicing Scope
- Draft Resolution Proposes Changes to the E-invoicing System
- El Salvador mandates e-invoicing
- New tax and customs amnesty available
- El Salvador enacts tax amnesty program
- El Salvador MOF Issues Guidance on Tax Amnesty Program
- Ministry of Finance exposes reforms for Electronic Billing
- Paraguay Extends and Amends VAT Relief for Transport Sector
- Paraguay extends and amends VAT relief for transport sector
- Paraguay renews transport VAT rate cut to end 2022
- Decree extending reduced VAT rate for transport sector
- Peru enacts temporary VAT reduction for specific hotels and restaurants
- Peru enacts law establishing a tax on online gaming and sports betting
- The VAT act has been approved by Parliament and will become effective as per January 2023
- Suriname National Assembly Approves New VAT System from 2023
- Suriname introduces VAT system beginning January 1st, 2023, at a rate of 10%
- Proposed VAT rate reduced to 10%
- Six months of Ukraine war: Overview of US measures
- Florida’s first Tool Time Sales Tax Holiday is in effect
- New York: Special Tax on Peer-to-Peer Car Sharing Discussed
- Washington DOR to Hold Virtual Meeting and Asks for Comments on Proposed Treatment of NFTs
- Minnesota DOR Addresses Taxability of Digital Products, Including NFTs
- 3 things to remember about economic nexus
- Non-Fungible Tokens (NFT) And Digital Product Sales Tax Clarification
- Comparing Beer Taxes by State, 2022
- App purchases and sales and use tax
- Texas Issues Sales Tax Guidance on Taxpayer’s Online Learning Platform
- Kentucky Joins States Taxing SaaS
- Alaska: Ketchikan City Seasonal Sales Tax Rate Changes
- Arkansas sustains sales tax assessment against company ruled to have sufficient nexus within the state
- Tennessee allows a deduction of sales tax to compensate registered vendors and dealers
- West Virginia issues new rule addressing vendor absorption of sales tax
- Texas rules payment card management program is a non-taxable payment processing service
- Illinois: Applicability of Tax to Out-of-State Shipping of Advertising Materials Discussed
- Minnesota (guidance about sales and use taxation of NFTs)
- Michigan (nexus under Wayfair)
ASIA PACIFIC
- GST and the Financial Acquisitions Threshold – what you need to know
- GST Guidance for Reverse Charge on Cross Border Purchases
- Managing your school’s GST compliance
- Entities paying notional GST have rights of appeal in federal courts (Federal Court decision)
- Queensland woman jailed over GST fraud
- Scindia asks states to lower VAT on aviation fuel
- Supreme Court gives Finance Ministry 30 more days for opening of GST portal
- Changes in Table 4 of GSTR 3B; Reporting of ITC availment, reversal and Ineligible ITC
- Supreme Court gives Finance Ministry 30 more days for opening of GST portal
- CBIC issues Guidelines for Launching of Prosecution of GST Offences
- Place of Receipt Outside India qualifies as Export Services, Denying Service Credit not sustainable: CESTAT
- New Changes in GSTR3B – challenges for August returns
- ₹ 1,43,612 crore gross GST revenue collected in the month of August 2022
- Daily GST Updates – September 1, 2022
- Changes in table 4 of GSTR-3B related to the claim of ITC are now live on the GST Portal
- GSTN enables Changes in table 4 of GSTR-3B related to the claim of ITC on Portal
- Daily GST Updates – September 1, 2022
- GST Compliance Calendar for the month of September 2022
- Timeline on uploading GST TRAN 1 in seeking Credit and Revision of Credit must not be identical: Madras HC
- Daily GST Updates – August 31, 2022
- GST Daily – August 31, 2022
- Preserved Fruit classifiable under Tariff Heading 2008, 12% GST leviable on Ber Berry: AAR
- Delayed Refund of Excise Duty paid during Investigation eligible for Interest: CESTAT
- Daily GST Updates – August 29, 2022
- GST Daily – August 29, 2022
- Mysteries of the GST Clause 44 in Form 3CD
- GST to be levied on cancellation of confirmed train ticket: Finance ministry
- Medicine purchases by inpatients exempt from GST, says Tamil Nadu AAR
- Interest on Refund is allowable for amount deposited during Investigation: CESTAT
- Indirect Tax Controversies Capsule
- New Zealand Taxation (Annual Rates for 2022–23, Platform Economy, and Remedial Matters) Bill
- New Zealand U-Turns On GST Change For Fund Management Fees
- New Zealand hits gig & sharing economies platforms with 15% GST 2024
- GST proposal for KiwiSaver fees will not go ahead
- New Zealand proposes various changes to Goods and Services Tax Law
- Proposed GST measures, dual-resident company tax changes in New Zealand legislation
- Government plans to levy GST of $225 million each year on KiwiSaver
- Revisiting existing GST rules
- Updated GST e-TAX Guides Including Updates Concerning Upcoming Changes for Imported Low-Value Goods and Non-Digital Services
- Notice to VAT registered persons: VAT rate changes
- Proposed increase to VAT rate, effective 1 September 2022
- Sri Lanka hikes VAT for second time: 12% to 15% September 2022
- Sri Lanka Further Increases VAT Rate and Will Proceed with Further Tax Reforms
EUROPE
- Flashback on ECJ Cases C-230/08 (Dansk Transport og Logistik) – VAT is chargeable in the Member State where the goods were unlawfully introduced into the…
- Comments on ECJ C-156/20: Is an invoice amount exclusive or inclusive of VAT?
- Agenda of the ECJ VAT cases – 5 Decisions, 2 AG opinions in September 2022
- Roadtrip through ECJ Cases – Focus on Taxable transactions – Importation of Goods (Art. 30)
- ECJ VAT Cases – Pending cases
- ECJ referral on the Reemtsma claim
- ECJ Case C-288/22 (Administration de l’Enregistrement, des Domaines and de la…
- Flashback on ECJ Cases – C-355/06 (van der Steen) – An individual who is the sole…
- Flashback on ECJ Cases – C-299/11 (Gemeente Vlaardingen) – Dutch integration tax not in conflict with EU law
- Flashback on ECJ Cases – C-160/11 (Bawaria Motors) – Margin scheme not applicable if supplier can deduct…
- EU investment screening and export control rules effectively safeguard EU security
- The VAT regime for consignment stock arrangements – Simplification?
- Can I reclaim VAT incurred before I registered for VAT purpose?
- CBAM: Commission launches call for applications for informal expert group
- Implications of carbon border adjustment mechanism
- This is what happened in the ECJ (VAT) in August 2022
- 16 EU countries set to introduce e-invoicing by 2025: How will your business comply?
- Proposal European Parliament: Digital Levy if Pillar One Fails
- Reduced VAT rate for supplies of wood only if EU principle of neutrality is observed
- German Chancellor Calls for Majority Voting on Tax Policy and Other Issues in the EU
- The reverse charge arrangements in the EU
- The recipe for successful VAT refunds
- The changing tax priorities of the EU and the UK in the post-Brexit era
- VAT cuts on energy & food as inflation hits record 9.1% August 2022
- Clarification of input VAT deductions to telecom business for non-resident provider
- VAT Guide: VAT in Austria
- MOF clarifies correct period for deduction of input VAT
- Belgium B2B e-invoicing delay to July 2024
- E-invoicing Obligation Coming Soon in Belgium
- VAT Guide: VAT in Belgium
- Structure of VAT and company number will change soon
- Belgium domestic heating VAT cut to 6% extension to 31 March 2023
- VAT Reverse charge mechanism in the construction sector
- Update eInvoicing Belgium
- New model of the certificate of exemption from VAT and/or excise duties (certificate 151)
- Clarification on the reduced VAT rate of 9% for heating
- Bulgaria Consulting on Implementation of DAC7
- Parliamentary group calls to check all heating companies if they applied the reduced rate correctly
- Croatia Publishes Draft Law for Implementation of DAC7
- Plastics and Packaging Laws in Croatia
- Switch to EURO: dual price showing obligation only applies in relations with end customers (B2C…
- Public consultation on DAC7 bill
- Denmark enhances B2G e-invoicing with eco and sustainability labelling
- Denmark’s Green Tax Reform: G20 Countries Should Take Notice
- Denmark Consulting on Introduction of 6% Cultural Contribution on Streaming Services
- Payments from unredeemed gift cards
- Denmark imposes 6% streaming TV levy January 2023
- Finland electricity VAT cut to 10% until April 2023
- Updated guidance about importation and VAT
- DAC6 reporting assessment published
- External specification file for electronic invoicing
- Which companies are subject to e-reporting in France?
- 2022: DEB / INTRASTAT become EMEBI
- France Amending Finance Law for 2022 Confirms Implementation of E-Invoicing and E-Reporting Requirements from 2024
- France VAT B2B e-invoicing and B2C e-reporting July 2024 – update
- Waiver of customs debt and import VAT for sailboat repairs
- Input VAT adjustment pursuant to Section 15a UStG in case of abandonment of only one of several activities
- End of the fuel tax reductions as of Sept 1, 2022
- VAT treatment of a card deposit collected when electronic payment cards are provided
- Extended deadlines on Annual VAT returns 2020 to 2025 in Germany
- Contracts between close relatives
- Application of the small business regulation for entrepreneurs domiciled abroad
- Government draft of a law for the implementation of “DAC 7”
- Waiver of customs debt and import VAT when repairing a sailing boat from Switzerland in Germany
- A further case of deduction of VAT on importations of goods not owned by the importer
- The annual obligation to archive accounting books has been abolished
- Italian Plastic Tax will enter into force 2023
- The canteen service and VAT
- VAT adjustment in the event of a pharmaceutical “pay-back”
- International transport of goods: non-taxable VAT with a reduced perimeter
- VAT treatment of wheeled ultrasound equipment sales due to COVID-19
- State Revenue Service posted online guidance on the application of VAT and place of supply rules
- Reduction of the VAT rate applicable to meat, newspaper and bread
- VAT in Lithuania – A comprehensive up to date guide
- Draft Bill for VAT Registration requirements for Related Entities
- The origins and challenges of electronic invoicing in Luxembourg: what you need to know
- VAT Return Filing Deadlines for August 2022
- No input tax deduction after sale of new school building
- No VAT for motorcycle enthusiasts’ club
- Application for username and password at the tax authorities is no longer possible
- No delivery or VAT deduction due to combination of legal acts
- Turkey is now Türkiye: state this correctly on all your documents
- Court not competent by decision of the Tax Authorities on request for an official reduction
- The (reduced) VAT rate on self-care products keeps people busy
- Government insists on using eRognition (eHerkenning) as a means of authentication
- VAT Guide: VAT in the Netherlands
- Is VAT payable in 2024 on transactions within the legal entity?
- PLUS supermarket in Rozenburg does not charge VAT on fruit and vegetables for a week
- Did you pay VAT in other EU countries in 2021? How to reclaim VAT
- Anti-inflation shield: reduced VAT rates – maintained
- Business phone for private use and VAT
- Draft amendment to the VAT Act for the SLIM 3 package published on the website of the Government Legislation Center
- Cabinet approves various VAT rate changes
- The National System of e-Invoices – present and future
- Does home office mean the establishment of a plant in Poland?
- E-invoice system will be improved
- Optional VAT reverse charge for non-resident suppliers (art. 194 of the VAT Directive)
- European Directive allows to lower VAT on Gas and Electricity from 23% to 6%
- Oil tax discounts extended until the end of September
- Five key questions about e-Invoicing in Portugal
- Plastics and Packaging Laws in Portugal
- RO E-Invoice System Officially Mandatory in B2G Relationships from 1 July 2022
- Increase in the VAT rate applicable to certain goods and services
- When is the VAT rate of 10% applied to the sale of medical devices?
- Government clarifies changes on VAT Treatment for Digital Services
- Russia Proposes Zero VAT Rate for Companies Assisting Donbass Region
- VAT refund period has been reduced to eight days
- Reduced VAT rate on energy effective 1 September 2022
- Act on urgent measures in the field of VAT to mitigate the rise in energy prices (ZNUDDVE)
- Act on urgent measures in the field of value added tax to mitigate the rise in energy prices (ZNUDDVE)
- Public consultation launched on the implementation of DAC7
- 5 Major Developments in Spain
- Spain cuts natural gas to 5%; follows previous cuts to domestic electricity
- Spain will reduce gas VAT from 21% to 5% from October
- Are transactions between the main company and branches subject to VAT?
- Tax authorities resumed VAT refunds to exporters
- What is the procedure for VAT taxation of operations on the sale of products (services) produced by aircraft manufacturing entities?
- Return of goods received free of charge: what about the supplier’s VAT?
- Delivery of coupons for fuel and petroleum products, which were purchased before March 17: what about VAT?
- Is it possible to submit a VAT adjustment after cancellation of registration?
- VAT Exemption on the sale of software products until 2028
- Ukraine Provides Guidance on Taxation of Insurance Payments to Non-Residents
- Business urges the Cabinet of Ministers not to cancel VAT refunds for exporters of raw materials
- What is the procedure for VAT taxation of factoring operations?
- Is the sale of a trademark subject to VAT?
- The changing tax priorities of the EU and the UK in the post-Brexit era
- Guidance: How to use your duty deferment account
- Target Group Ltd (UKSC 2021/0189) – Granted Leave to Appeal to the Supreme Court
- UK delays digital platform reporting requirements
- Guidance on the application of the visiting force relief for NATO forces and International NATO Military Headquarters hosted by the UK
- A beginner’s guide to VAT
- No valid invoice or supply, no input VAT claim
- UK Customs Declaration Service and imports control postponed to 2023
- UK delays digital platform reporting requirements
- Upcoming Changes to UK’s Customs Systems
- Statutory guidance Notices made under the Customs (Import Duty) (EU Exit) Regulations 2018
- HMRC Guidance: How to use your duty deferment account
- You pay VAT on the first 28 days of a stay at a hotel, but from the 29th the accommodation is…
- New online service for error correction
- Developing Countries Trading Scheme – policy report
- CIOT letter on priorities for the tax system
- SNM Pipelines: when is a tribunal appeal entertained? – FTT
- FTT: Star Services Oxford Ltd: Lease rental invoices
- Experts warn Liz Truss’s VAT plans ‘inappropriate’ and risk exacerbating inflation
- MR PHILIP OAG: strike out – appealable decision
MIDDLE EAST
- 5 Major Developments in the GCC Region
- Gulf states need to close out VAT rate gaps for greater economic good
- ZATCA – new Input Tax rules for Real Estate developers
- ZATCA reconfirms VAT on gold if purity is less than 99%
- KSA Tax Amnesty – 3 months left
- VAT of a car exported from Saudi Arabia cannot be refunded
- Services performed outside UAE: Taxable or zero-rated?
- FTA Tourist Tax Refund updates
- Dubai Customs launches ‘Self Audit Finding Service’
- Top Non-Compliances identified during FTA VAT Audit in UAE
- Excise Stock Movement Guide For Warehouse Keepers who are not Registered for Excise Tax
- UAE slashes retail fuel prices by 62 fils per litre for September
- Import Declaration User Guide – Registered and Non-Registered
- Public clarification EXTP008 on the Calculation of Financial Guarantees for Excise Tax Designated Zones
- Awareness session for refunding VAT to UAE Nationals on building new residences
- Update on Cash refund of VAT for Tourists
