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Highlights of the meeting
- SME Scheme Implementation: The Commission presented updated Explanatory Notes and a draft guide for the new SME scheme, aiming to provide practical guidance for small enterprises. An SME web portal is being developed to help businesses check eligibility and verify EX numbers, with a press campaign planned for autumn 2024.
- Single VAT Registration (SVR) Analysis: A preliminary analysis of the SVR elements of the VAT in the Digital Age (ViDA) package was discussed, highlighting necessary IT changes and updates to Implementing Acts and Guides. A workshop in Helsinki is scheduled for June to further discuss these changes.
- ViDA Package Negotiations: The Commission updated delegates on the state of negotiations in the Council regarding the ViDA legislative package. Significant progress has been made, particularly on the SVR volet, with remaining challenges related to Digital Reporting Requirements (DRR) and the Platform Economy.
- Customs Reform and IOSS Changes: The Commission outlined a three-step reform to secure IOSS numbers, incentivize IOSS use, and remove the EUR 150 customs threshold. These changes aim to improve the security and efficiency of the IOSS system.
- Relief Measures for Ukraine: The Commission adopted Decision (EU) 2024/775, extending relief from import duties and VAT exemption for goods distributed to those fleeing Russia’s military aggression against Ukraine and those in need in Ukraine. This decision is applicable from January 1, 2024, to December 31, 2024.
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