VATupdate

Share this post on

VAT Changes 2026: Greater Liability, New Duties, and Opportunities for Simplification for Businesses

    Key VAT changes in 2026 include increased buyer liability, new obligations, and potential simplifications. Major proposals are: expanding joint liability of buyers (especially for certain goods and intangible services), new VAT settlement rules in deposit systems, mandatory disposal of cash registers, and introducing a VAT warehouse institution for transaction settlements. Buyer protection under split payment will be limited, and buyers will be jointly liable if they knew or should have known about supplier fraud. The VAT taxpayer register (“white list”) will allow verification of a contractor’s VAT status up to five years back. These changes aim to close VAT loopholes and adapt regulations to the modern market, impacting both large and small businesses.

Source: crido.pl

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.



Sponsors:

Pincvision

Advertisements:

  • Pincvision