English
This is a page for the tag EU VAT
The changed regulations for intra-Community delivery of goods
We would like to point out from 1st July 2020 the changed regulations for intra-Community delivery of goods came into force. According to the current wording of Article 42(1)(1) of the Polish VAT Act, intra-Community supplies of goods are taxed at 0%. This is provided that the taxable person makes...
Please Read More
The tightening of the rules on documentation of intra-Community supplies of goods
The revision of EU legislation (Council implementing regulation 2018/1912) will bring about some fairly significant changes in the settlement of cross-border transactions from 1st January 2020. One of them is a tightening of the rules on how companies document their intra-Community supplies of goods and apply a 0% rate to...
Please Read More
Are you ready for the biggest shopping season?
Have you checked if ‘Black Friday’ and ‘Cyber Monday’ will tip you into new tax liabilities? amavat® realises that this season is particular busy for online sellers and who can be distracted by the large activity. The biggest shopping days in Europe are just around the corner, Friday 29th November and...
Please Read More
VAT Registration Thresholds for 2019/2020: When should I register for VAT?
One of the most important things for an online business is to always stay tax compliant. Getting a VAT Identification Number to ensure compliance is usually one of the first steps and there are several reasons that require you to have this number. One of the reasons is when you...
Please Read More
amavat® Service Information | Distance Selling Regulations
Distance Selling Regulations: Explanation, the Requirements and the Exemptions 2019 Distance Selling – What Is It? It means sales that are purchased not face-to-face, but typically traded online via online mail order services. As you might know, ‘VAT Registrations’ are essential either when you set-up a business, or even store...
Please Read More
The EU Council issues its VAT priorities for 2018
The Presidency of the Council of the EU, which is held in Bulgaria for the first half of 2018, has issued its priorities for indirect tax. These comprise of: Implementing the Norwegian agreement on administrative co-operation on VAT; Approving a long-term minimum standard VAT rate for all Member States; Settlement...
Please Read More
Germany to decrease the solidarity tax burden
Germany’s three political parties set to form the next governing coalition have agreed to decrease the solidarity tax burden, according to the text of the recently released agreement. This solidarity tax is a 5.5% surtax on both corporate and individual income which is used to fund economic development in the...
Please Read More
Hungarian ‘live VAT invoice reporting’ will proceed in July 2018
Hungary advised recently that ‘live VAT invoice reporting’ will proceed from the 1st July, 2018. The requirements relate to VAT invoices above HUF100,000.00. The timing of reporting has been tightened up since the last update, and the choice to report within 24 hours of the issuance of any invoice has...
Please Read More
EU VAT News | 25.01.2018
EU Member States to work collectively to stamp out VAT fraud Towards the end of 2017 the European Commission released new tools intended to make the European Union’s value-added tax system more resilient to fraud. The package comprises of numerous changes to how Member States will communicate and co-operate with...
Please Read More
EU Tax News | 24.01.2018
VAT ‘Split Payment’ benefit questioned by the EU A European Commission study into the benefits of ‘Split Payments’ as a VAT collection tool, aimed at battling VAT fraud, has cast doubt on the cost / benefits. The study concludes that the administrative and technology costs of running, tracking and reporting...
Please Read More
