The perfect VAT strategy
We have been doing VAT for quite some time and in various capacities: advisor, in-house, as interim manager, and as editor. But we have yet to come across the perfect VAT strategy.
Why can’t we make new Stradivari violins?
The VAT rules may change every day, but they also exist already for quite some time. And although there is new interpretations from courts, advisors and inspectors also almost every day, you would think that the key elements and ideas of the VAT rules are more or less clear. So why is it not possible to create that perfect VAT strategy that everyone can use, perhaps with just some minor tweaks and twirls to customize?
As with the Stradivari violin, could it be psychology? It seems to be in human’s nature to not automatically take things for granted, but to always re-invent the wheel. You may know the saying “the grass on the other side of the fence always looks greener”. But perhaps it also works the other way around: “what my neighbour does, can never be as good as what I’m doing”.
Or is it because of marketing? Technology companies or advisors may sell you their perfect product or tool, but before you can use it, it must be customized and adjusted, especially for you. Because your situation or your company is (of course) never the same as all the hundreds of other companies that also use the same tool.
The music from Stradivarius violins is widely considered the gold standard of quality sound. Yet, it’s ‘only’ just a violin, and many people play this instrument. You may hear a difference between cheap and expensive violins, but overall, they sound like a violin. The artist can make a difference in how the instrument sounds, but a violin will never become, for example, a cello.
After countless studies and experiments, perhaps the real magic of a Stradivarius violin lies in how we think about it. And perhaps that’s also the case with VAT: plays with the same instrument, but everyone hears a (slightly) different tone.
All we now is that the VATupdate Team always plays the same tune: VAT.
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.
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WORLD
- A Roadmap to Tax Transformation Part 3
- Chatgpt: What is a fixed establishment for VAT purposes?
- How do you scale your e-commerce business internationally and remain tax compliant?
- The future of Indirect Tax (IDT): How to take charge of change
- A Roadmap to Tax Transformation Part 2
- PE Watch | Latest developments and trends, January 2023
- Does Fiscalization Affect E-Commerce?
- The intergovernmental fiscal outlook and the implications of Russia’s war against Ukraine, high energy prices…
- Digital Services Taxes: draft MLC provisions published by the OECD
- 5 reasons every modern finance function needs tax data analytics
- OECD Seeks Comments on Multilateral Convention Provisions on Digital Service Taxes
- Digital Services Tax (DST) to continue and threaten new trade battles?
- 3 indirect tax trends to watch out for in 2023
WEBINARS / EVENTS
- Sovos webinar: Improving Compliance Data Quality with Automated VAT Determination for SAP (Jan 25)
- Sovos webinar – OSS Snapshot: Spotlighting the VAT in the Digital Age Announcement (Jan 17, 2023)
- Webinar – Sovos SAP E-Invoicing Next Gen Solution (Jan 26)
- IVA Conference: The world of VAT – a kind of fiscal theme park, Noordwijk (Amsterdam), The Netherlands (May 11-12, 2023)
- Vertex Exchange Europe 2023: Think forward, think tax (May 9, Barcelona)
AFRICA
- Finance min. issues amendments to some provisions of VAT law
- Egypt’s customs authority collects over $403mln from 2 ports in December
- Egypt not to impose new taxes on economic activities: Maait
- GRA to deal with companies defaulting on VAT payment
- Ghana enacts various amendments to tax laws introduced in the 2023 Budget Statement
- Key tax highlights from 2023 budget statement: Indirect taxes
- Change in VAT treatment of “scrip-lending transactions”
- How Do Electronic Invoicing And Tax Reporting in South Africa Work
AMERICAS
- Brazil VAT – new government promises progress on reforms
- Possibility for retail traders to pay the ICMS due in instalments for goods issued in December 2022
- Brazil’s new transfer pricing rules and their impact on customs valuation discussed
- Guatemala will change its invoice requirements
- Amendments to VAT regulation re issuing invoices as a “final consumer”
SAINT VINCENT AND THE GRENADINES
- Massachusetts Supreme Court Rejects Cookie Nexus
- President Biden Will Veto Bills Imposing a National Sales Tax
- Sales tax and economic nexus in Puerto Rico
- Connecticut: FAQs Regarding Cannabis Tax Provided
- Alabama: Proceeds from Coin-Operated Amusement Machines Properly Subject to Tax
- South Dakota: Fair Market’s customers will benefit from the elimination of the sales tax on groceries
- Texas Comptroller of Public Accounts Explains Policy on Remote Sellers and Marketplaces
- Missouri: Rule Amendments Proposed for Comment Reflect Post-Wayfair Nexus Standard for Vendors
- Hardware Company Sales Not Wholesale, Mississippi Justices Told
- S. Representative announces National Sales Tax
- 2022 Sales Tax Rates and Rules Report: Cities and Counties Rate Changes Continue
- Alaska Announces Voluntary Disclosure Program
- Indiana Rules Rental of Some Equipment Used on Manufacturing/Production Site Tax Exempt
- South Carolina Public Utilities Cannot Claim Manufacturing Exemption
- Virginia Denies Sales Tax Refund for Reagents used by Medical Diagnostic Testing Provider
- Ohio: Local Tax Rate Changes Announced
- All States: State and Local Tax Rate Changes Reported During January 2 – 6, 2023
- Washington: Retailer Cannot Claim “Bad Debt” Refunds on Defaulted Private Label Credit Card Payments
ASIA-PACIFIC
- How will Peppol help my business?
- Onerous GST recipient created tax invoice proposal—consultation extended
- Australia and New Zealand chose Peppol to drive the E-Invoicing Journey
- Australia-India Economic Cooperation and Trade Agreement enters into force
- China Extends Small Business VAT Exemption
- China waives VAT for some small-scale taxpayers in 2023
- China Provides VAT Exemption and Reduction for Small-scale Taxpayers in 2023 and Increased Input Deduction for Service Providers
- China small businesses VAT cut for 2023
- China Clarifies 2023 VAT Incentives for Small-Scale Taxpayers and Lifestyle and Production Services
- VAT for small businesses which are currently levied at 3% will be reduced to 1%
- China to Cut Value-Added Tax Among Small Businesses Until Dec.
- Overseas tourists may get tax refunds on goods purchased in India
- No GST on charges collected from employees for canteen services provided under contractual agreement
- Has your client’s GST Registration ever been cancelled for Non-Filing of the Return?
- India to review rules on how it taxes foreign digital services
- IGST Levied On Ocean Freight Not To Be Reviewed By GST Department
- CBIC issued clarifications regarding the applicability of GST on certain services
- Tax Number Validation in India: Everything you need to know
- Services provided by GTA not classified as ‘Clearing and Forwarding Agency’ service
- Patna HC quashes GST Registration Cancellation Order passed without stating reason
- State Of Tripura Has No Jurisdiction To Levy VAT For Supply Of LPG Cylinder Under Work Orders Executed Outside The State: Tripura High Court
- Bonafide Mistakes in GSTR-3B can be Rectified as per CBIC Circular: Karnataka HC allows Wipro to Revise GSTR-3B for 3 Years
- CBIC Clarifies GST rates of Certain Goods as Recommended by GST Council
- CBIC Clarifies Applicability of GST on Certain Services
- Subsumption of Service Tax will not Absolve Liability to Pay GST If Service Tax was agreed to be Paid: Telangana…
- Whether an alternate mechanism for manual refund of GST tax in absence of electronic credit can be adopted?
- No Co-relation Required to Claim Refund: CESTAT allows Refund of Service Tax paid for Banking and Financial Services
- How to File GST Return Quickly?
- GST: Goods/ Services for Installation of Solar Power Panel are Plant and Machinery, ineligible for ITC, rules AAR
- Exporter eligible for recovery of unused GST ITC under RCM on transportation costs to GTA: AAR
- VAT Dept cannot Suspect Purchases Due to Minor Discrepancies in Books: Allahabad HC
- GST Portal releases Module wise new functionalities
- Withdrawal of the Export Obligation Discharge Certificate Online Monitoring System for Advance/EPCG Authorisations by DGFT
- Exporter eligible for recovery of unused GST ITC under RCM on transportation costs to GTA: AAR
- Additional Liability after GST Rate Changes: Chhattisgarh HC directs Dept to Consider Representation
- Affiliation services of a university to its constituent colleges is ‘Supply of Service’ and is liable to GST
- Can eligible refund of GST paid on transaction be denied where procedure as per circular is not…
- Delivery of Goods to Different Location Not Mentioned in E-Way Bill to Attract Maximum Penalty
- No Service Tax on Notice Pay Recovery: CESTAT Quashes Demand based on CBIC Circular Exempting GST
- Gift or not? The confusion over GST on promotional schemes run by businesses
- Relief for ITC claimed for unmatched invoices in GSTR 2A for FYs 2017-18 & 2018-19
- GST Council Newsletter for the month of December 2022
- Dealer cannot be compelled to carry forward the ITC to GST regime instead of refund
- GSTN enables Functionality to furnish a LUT for FY 2023-2024
- GST on free samples and supplies
- 18% GST leviable on Interactive Flat Panel Screens if used for data processing purposes only
- GST CASE DIGEST: Tax Liability on Composite and Mixed Supplies
- GST registration applicants’ details will be taken from IT database: CBIC
- GST @18% leviable on doorstep healthcare and logistics services provided to senior citizens
- 5 Major Developments in India
- How does VAT in India work?
- No Service Tax liability on intermediary in the sale of space/ time for media agency on commission basis
- Weekly GST Communique dated January 09, 2023
- Wrongly Paid IGST not Adjustable with CGST & SGST – High Court
- 5% GST for Covid vaccine at hospitals, rules AAAR
- CBIC tweets on implementation of PAN based GST Registration: Mobile Number and Email of the applicant no longer required
- Refund claim should not be rejected due to deficiency of GST network/software
- 5% GST for Covid vaccine at hospitals
- Australia-India Economic Cooperation and Trade Agreement enters into force
- A Guide to Taxation in Malaysia
- Draft service tax guide on goods delivery services
- Legislation and online portal for sales tax on “low value goods”
- Update on proposed service tax on delivery services for goods
- Malaysia Sales Tax on low-value B2C imported goods March 2023
- Service tax exemption for non-bank digital payment service providers clarified
- Legislative updates relating to excise duty and free zones
- GST invoicing changes from 1 April 2023
- Australia and New Zealand chose Peppol to drive the E-Invoicing Journey
- BIR simplifies filing of VAT returns
- Government issued Circular for zero-rated VAT incentives
- BIR clarifies new revised VAT rules for REEs under CREATE Law
EUROPE
- Why is the country changing its fiscalization system?
- Eastern Europe: Definition of exporter — VAT consequences
- January 2023: New year tax updates
- VAT Refund Calculator
- One Stop Shop – OSS
- Validate a VAT number, check the rules in your country, or see if you can claim a refund
- VAT Expansion and Labor Tax Cuts
- DAC8 – Upcoming EU reporting requirements for crypto and digital asset service providers
- Intrastat Thresholds applicable for 2023
- EU confirms duties on dumped imports of aluminium road wheels from Morocco
- 13th Directive VAT Rate Guide
- The EU’s pioneering carbon border tax
- Is DAC6 partially invalid?
- New reporting obligation for cryptocurrency service providers
- An Introduction to EU VAT
- VAT Gap in the EU VAT System – Policy implications to close the VAT Gap
- The DAC8 Proposal and the Future of Crypto-Asset Reporting: Some Preliminary Thoughts
- CBAM: a new carbon levy at the EU border
- Anonymised references for preliminary rulings lodged from 1 January 2023 to be allocated a fictional name
- Agenda of the ECJ VAT cases – 1 Judgment, 1 AG Opinion, 1 Hearing till Feb 16, 2023
- Flashback on ECJ Cases – Joined Cases C-290/05 (Nádasdi) & C-333/05 (Németh) – Registration duty on…
- Comments on C-247/21 (Luxury Trust Automobil GmbH) – Simplified VAT procedure in intra-Community triangular transactions
- Flashback on ECJ Cases C-184/04 (Uudenkaupungin kaupunki) – Member States are obliged to provide for a revision of the deduction of VAT in respect of…
- ECJ C-677/21 (Fluvius Antwerpen) – AG Opinion – Unlawful use of energy a supply of goods
- Flashback on ECJ Cases Joined Cases C-181/04, 182/04, 183/04(Elmeka) – Loading and unloading of seagoing vessels by a subcontractor is exempt from VAT
- Flashback on ECJ cases C-487/01 (Gemeente Leusden) & C-7/02 (Holin Groep) – Amendment of national scheme abolishing the possibility to opt for taxation of…
- Flashback on ECJ cases C-428/02 (Fonden Marselisborg Lystbådehavn) – The concept of rental of immovable property also includes the rental of berths for…
- ECJ: Mandatory revision of VAT in case of liquidation of company
- Comments on C-677/21: Concept of ‘economic activity’ – Charging by the competent…
- Comments on ECJ C-293/21: Mandatory revision of VAT in case of liquidation of company
- Did you get our 2022 year-end reviews on ECJ VAT Cases?
- ECJ Asks Parliament to Reassign VAT Preliminary Ruling Requests to the General Court
- 5 ECJ VAT Decisions cases to look forward to in 2023
- ViDA – The European Union promotes B2B electronic invoicing (Edicom)
- ViDA – The European Union promotes B2B electronic invoicing
- VAT in the digital age: Proposal for digital reporting requirements and e-invoicing
- VAT in the Digital Age: European Commission proposes major changes (Baker Tilly)
- Marosa: VAT in the Digital Age
- European Commission publishes VAT in the Digital Age proposals
- ViDA: Reform 2024-2026 and Alignment in Europe
- Draft VIDA Directive: further VAT simplifications and clarifications in perspective
- Software solution certification process in Albania
- Albania Introduces New Anti-Avoidance Rules and Tax Penalty Changes
- Albania Introduces VAT Changes in 2023
- Guide – VAT in Bulgaria
- Changes in VAT law
- How will the introduction of the euro in Bulgaria affect fiscal devices and fiscalization issues?
- Bulgaria VAT relief on bad debts 2023
- Changes in VAT law, including reporting of data regarding cross-border payments
- Joining the Euro Area – Croatian kuna amounts relating to VAT have been replaced with Euro amounts
- Infographic: A guide to VAT in Croatia
- Introduction of the euro and the cashier’s maximum in Croatia
- A guide to VAT – Doing business in Croatia
- Is it still feasible to register voluntary sales in the Czech Republic once EET has ended?
- The End of Electronic Recording of Sales in the Czech Republic
- Czech proposes consolidating reduced VAT rates 2024
- Czech Republic Considering Merge of Reduced VAT Rates
- Czech proposes consolidating reduced VAT rates 2024
- Electronic records of sales cancelled effective 1 January
- DAC7 Enactment for 2023
- What steps must be taken in connection with the termination of sales records?
- A guide to VAT – Doing business in Denmark
- EU sales without VAT
- Guidance: Calculation of VAT deductibility – sale of investment goods
- Finland confirms 0% for domestic transport services
- A guide to VAT – Doing business in Finland
- Amendments to VAT Act proposed that are relevant to non-profit organizations
- Modifications to national excise duty on sugary drinks
- Taxable amount for import VAT
- Postponement of the entry into force of the end of systematic receipt printing in France
- 2023 Finance Law: overview of VAT changes
- Electronic invoicing: the deadlines are approaching
- The customs declaration changes form
- Advances on deliveries of goods and liability for VAT – 2023 regulations
- Changes to French VAT rates established by the 2023 finance law
- 2023 finance bill adopted by Parliament
- E-Invoicing France: All You Need to Know
- What is a PDP?
- France VAT groups 2023 implemented
- Acquisition of forest land – no real estate transfer tax, but VAT?
- German Tax Authorities published the Regular VAT return applicable for reporting periods starting from 1 January 2023
- A guide to VAT – Doing business in Germany
- New certificate of VAT taxable status
- Input tax deduction and private use within the framework of a spouse’s preliminary model
- No input tax deduction for middle-class clothing
- Input tax deduction from the purchase of luxury vehicles
- Proposal to scrap VAT on fruit and vegetables sparks debate in Germany
- VAT Returns in Germany
- VAT return filing extension in Germany
- Starting from January 1st, 2023, only cash registers with a valid TSE may be used.
- FAQs on VAT incentives for photovoltaic systems
- VAT treatment of disbursement; BFH judgment of July 3, 2014, VR 1/14
- Germany Delays VAT Changes for Tour Operators
- Court rules no retroactive correction of invoices for purposes of input VAT deduction
- Further transitional regulation for legal entities under public law
- 2023 Intrastat thresholds
- VAT exemption for Covid testing kits ends, AADE confirms
- VAT from 1.1.2023 on rapid, PCR and other diagnostics
- Improvements in data transmission to myDATA in Greece
- Greece myDATA e-book and e-invoices update
- Greek government published a draft of the budget bill for 2023 that extends the reduction in VAT rates
- New legislation extends several taxpayer-favourable rules
- Information Booklet on VAT Exemption for Products Sold to Foreign Passengers
- Hungary Issues Information Booklets on 2023 VAT Invoicing Requirements
- Lower rate VAT charges may not end in February
- Report estimates that increasing 9% VAT rate could cost up to 24,000 tourism and hospitality jobs
- Customs notification issued on data mismatches in documentation
- Clarifications provided on VAT treatment of emergency accommodation services
- 2023 budget law VAT measures
- VAT/2023 return models relating to the year 2022
- 2023 budget law VAT measures
- Government studying reducing VAT on telecoms to 10%
- Indirect customs representative not responsible for import VAT
- Italian Receipt Lottery: Changes are Underway
- Italy exempt Cryptoassets mining and utility tokens for funding offers from VAT
- Italy eyes cut in excise duties as anger grows over fuel prices
- Italy reduced the VAT rates on certain products in 2023
- Management services of mutual funds provided by the Advisor to the SGR, VAT exemption
- Pilot extended: VAT pre-compiled also for agricultural producers and bankrupt subjects
- Principle of Law 1/2023: Obligation to issue VAT variance notes in case of a settlement agreement as part of a certified reorganization plan
- Ruling 6: Intermediation in the manufacture and supply of dental prostheses
- Ruling 7: VAT rate applicable to vegetable product on edible turf
- Ruling 9: Transport and home delivery of meals: VAT treatment
- Ruling 10: Tax point for VAT purposes in the estimation contract
- Ruling 11: VAT exemption for fundraising services rendered to the SGR
- Ruling 12: An online database can be an electronic service for VAT purposes
- Ruling 12: Services of accessing online journals and databases and publishing of articles rendered to non-taxable customers
- Ruling 23: Option for optional separation of activities
- Ruling 25: Adjustment of deduction – Article 19-bis2, paragraphs 1 and 2 of Presidential Decree no. 633
- Ruling 27: Relevance for VAT purposes for electric vehicle charging
- Ruling 29: For VAT purposes, the moment when the card is recharged for the collection of bets is…
- Ruling 31: Advisor Support Services provided without the payment of a consideration in cash
- Ruling 32: Invoice regularization: how to recover VAT
- Ruling 32: Recovery of VAT paid following regularization of the invoice
- Ruling 33: Relevance of amounts paid under settlement agreement
- The responsibility of the transferee in the event of incorrect application of the VAT rate on the invoice
- VAT deduction for the foundation carrying out commercial activities
- Tax Authorities Clarify VAT Treatment of Cryptoasset Mining Activities
- Tax Authorities Clarify VAT Treatment of Online Games Activities
- Lithuania Increases VAT Payment Fines
- Lithuania Amends VAT Registration Anti-Abuse Rule for Related Entities to Introduce an Exception
- Lithuania Amends Calculation of VAT Registration Threshold for Related Persons
- Lithuania Increases Fines for VAT Breaches
- ICT systems tax authorities run ‘serious continuity risks’
- Auction house owes VAT from commissions and premiums
- Year-end tips and corrections
- Flyer ‘VAT correction private use of company car’ (Baker Tilly)
- Consumers are not liable for energy tax
- The sales price of 10% of the appraisal value is the basis for levying VAT on the sale of a car to shareholder
- Private use corrections and year-end revisions in the last Dutch VAT return of 2022
- Trying to save VAT is not abuse of law
- Sale of car to shareholder: invoiced value applies, instead of the market value
- VOEC scheme approved
- Government committee publishes report recommending various tax changes
- Expert committee proposes changes to Norwegian tax system – Abolishing reduced VAT rates
- Obligatory e-invoices also in the local grocery shop
- Situations when bank account in Polish bank becomes a necessity
- Changes to enforcement proceedings include recovery of VAT
- VAT taxation depends on whether the wood is … round
- Transfer pricing adjustments and their impact on VAT, excise, and customs duties
- New opportunities for customs savings in 2023 and the project of Binding Value Information
- Reduced VAT rates extended in 2023
- SLIM VAT 3 package postponed until 1 April 2023
- These will be the biggest tax and labor challenges in 2023
- Tax adjustments in VAT, CIT, TP, and customs
- Order 8/2022 – XXIII – Changes as of 2023
- Increase in the turnover threshold for VAT exemption under the simplified regime
- Portugal Explains VAT Changes as Part of 2023 Budget
- Portugal makes ATCUD and QR codes obligatory invoice elements
- Law on changes in the VAT code
- Portugal is the first in Europe to reduce VAT rates on bicycles
- ATCUD code is mandatory from January 2023
- Romania Expands Products and Services Qualifying for 9% VAT Rate on Fertilizers, Other Agricultural…
- In what situations do taxpayers have to file an F4105 notification in Romanian fiscalization?
- The period during which companies are obliged to archive financial-accounting documents, drastically reduced
- Russia Expands Pilot VAT Refund Regime to Four Additional Regions
- New operation codes recommended for VAT return
- Serbia B2B e-invoicing Jan 2023
- Electronic registration of business spaces and premises at the Tax Administration
- Serbia Introduces Full E-invoicing System
- How can customers in Serbia request goods’ reclamation without possessing the original fiscal receipts?
- The sale of non-buildable land may not be exempt
- Reduction of VAT on staple food
- Clarifications and further guidance provided for Spain’s plastic packaging tax which came into force on 1 January 2023
- Spain updates VAT forms in 2023
- Changes to the bad debt procedures per Jan 1, 2023
- Obligation and legal requirements when raising an invoice
- Export of goods under the travelers’ regime
- Gipuzkoa Tax Authority clarifies the impact of the TicketBAI obligation on local SII
- Informative note VAT rates and equivalence surcharge RD-Law 20/2022
- Order that regulates the Special Tax on Non-Reusable Plastic Containers enters into force
- Spain: Mandatory Electronic Invoicing between Companies – FAQ
- Consultation V1956-22: Transfer of industrial warehouse by public auction
- Sale of non-buildable land may not be exempt
- Order on the registration and reporting requirements of the Plastic Packaging Tax
- Which type of fiscalization is present in Sweden?
- Position paper “Service on goods in customs or tax warehouse, VAT” shall no longer apply 2023-01-12
- Vending machines
- Fiscalization in Sweden
- Turkey More Than Doubles VAT Refund Limit For 2023
- Turkish main opposition leader says he will lower special consumption tax on alcohol products
- Rada bans gambling business from working under simplified taxation system
- Ukraine potential 10% EU transition VAT rate
- In Ukraine, they plan to abolish VAT and customs duties for the import of UAVs, sights and thermal imagers
- Reducing VAT won’t affect Ukraine’s EU integration, Zelenskyy’s office says
- Use of the phone by an employee for personal purposes: VAT taxation
- Supply of ferrous/non-ferrous metal scrap resulting from the disassembly (dismantling) of a…
- For a European integration of Ukraine, the VAT rate can be reduced to 10%, but for everyone (that is, the 7% rate can be abolished)
- Is there a deadline for applying for a budget VAT refund?
- Implementation of the Bill No. 8196 to restore energy infrastructure
- Separation of transportation and forwarder services does not change the “zero” VAT
- Temporary import and re-export: what about VAT?
- Audiobooks in Ukrainian: are they subject to VAT?
- Commercial credit and VAT: taxation rules
- UT: HBOS PLC – s78 VATA 1994 interest for official error (bad debt relief related)
- Indirect Tax Considerations and Challenges in the UK in 2023
- Government updates advice on last year’s VAT and excise overpayment issue on CDS
- The New Year brings new VAT developments
- Indirect Tax Considerations and Challenges in the UK in 2023
- Uber Settles £615m VAT Dispute, Highlighting the Significance of VAT Compliance
- VAT penalties from 1 January 2023– points add up to penalties
- HMRC Guidance: VAT guide (VAT Notice 700)
- Discounts – value of supply. The TalkTalk case
- FTT-decision TalkTalk v HMRC – Liability of VAT on a discounted price
- UK’s New Penalty Regime for VAT Taxpayers in Force
- RAC reiterates call for VAT cut on public EV charging as costs rise 50% in eight months
- HMRC Guidance: Customs debt liability
- Indirect Tax Considerations for Overseas Businesses Trading with the UK
- VAT Registration Threshold suppresses UK economy, but what is the answer?
- New Penalty Regime Came into Power
- FTT: TALKTALK TELECOM LIMITED – discount offered but not taken up – whether this reduced the consideration for VAT purposes
- How to remove penalty points under the new system?
- Option to Tax – HMRC changes will increase risk on property transactions
- What are split payments?
- HMRC Guidance: Penalty points and penalties if you submit your VAT Return late
- HMRC Notice: Free trade agreement (FTA) country graduation: Vietnam and Samoa
MIDDLE EAST
- GCC Indirect Tax News Roundup – Quarter Four 2022
- GCC Indirect Tax Digest – 13 January 2023
- KPMG GCC Tax News – 11 January 2023
- VAT treatment of some financial services
- VAT treatment of real estate loan portfolio insurance
- ZATCA announces taxpayers in the scope for Phase 2 second wave
- ZATCA E-invoicing for Saudi Arabia
- Saudi Arabia Clarifies Financial Services VAT Rules
- Tax Circular: VAT treatment of certain supplies in the Financial Services Industry
- New Changes to VAT Law Regarding Tax Credit Notes in the UAE
- Supreme Court Denies Cert on Retailer DtC Shipping – What Does That Mean?
- Excise Tax in the UAE: A Detailed Guide
- Dubai reduces threshold for imposing customs duties on imports of consignments
- New customs duty now applicable on international shopping exceeding Dh300
- VAT Disclosure Guidelines for VAT Registration
