- A draft bill submitted on 20 October 2026 proposes extending the mandatory reverse charge mechanism for certain domestic supplies until 30 June 2030.
- The regime applies to supplies of gas through a gas system, electricity, and transfer services involving greenhouse gas emission allowances.
- It covers transactions between active VAT taxpayers conducted directly or via an authorized entity on a commodity exchange, regulated market, or organized trading facility.
- The current expiry date is 31 December 2026; implementation of the extension also depends on pending EU Commission derogation approval.
Source: taxathand.com
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.
