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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...
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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...
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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...
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amavat® Services in Europe
Should you expand your business within Europe – 3 reasons why There are limited growth opportunities in each market place, so you might be wondering how can you scale your business even more? Can I generate more sales and grow my online business? Why should you expand within Europe and...
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Three times less data than a standard declaration for low value consignments from 1st January, 2021
Following an amendment to the Union Customs Code Delegated Regulation (EU) 2015/2446 released on 5th July, 2019, it will be possible from 1st January, 2021 to declare goods up to €150.00 using a customs declaration that requires three times less data than a standard declaration. Currently, consignments of goods into...
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Bulgaria increased the Intrastat Reporting Threshold in 2018
Bulgaria as of the 1st January, 2018 increased the ‘Intrastat Reporting Thresholds’ for both arrivals and dispatches. Arrivals threshold will be greater than before, increasing from BGN 410,000.00 to BGN 430,000.00 (approximately €220,000.00), with dispatches threshold being increased from BGN 240,000.00 to BGN 260,000.00 (approximately €133,000.00). Additionally, the statistical thresholds...
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Portugal’s February Tax Calendar
Conceito our Portuguese amavat® Partner Firm has put together an English document with generic* information regarding Portugal’s ‘Tax Calendar’ for February 2018. Click here for English version Click here for Portuguese version *might not be applicable to your organisation amavat® provides a one-stop-shop solution for VAT Compliance within Europe. We...
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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...
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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...
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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...
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