English
This is a page for the tag VAT
Germany has new Annual VAT return deadlines
The German authorities have confirmed an extended deadline for annual VAT returns, when these filings are done directly by the taxpayer, they will now be due by 31st July of the following year (instead of currently 31st May). If they are submitted by a recognised tax consultant, there is an...
Please Read More
Poland VAT – Split Payments 2018
From the 1st January 2018, Poland will introduce a voluntary anti-VAT Fraud split payment mechanism. This system will ONLY apply on domestic transactions and will not affect invoice requirements. B2C transactions WILL NOT be impacted by these changes, only business to business sales. We have not received information about the...
Please Read More
Poland – Over 35,000 businesses have been de-registered
Over 35,000 businesses in Poland have been de-registered by the tax authorities in the last few months. This is expected to continue in the coming months as part of an anti-VAT fraud initiative. If you are VAT registered in Poland, amavat Europe recommend checking your VAT registration to make sure...
Please Read More
Decision from ECJ: penalties on reverse charge VAT
The ECJ gave its decision in the Farkas case (C-564/15), following the opinion published last November by the advocate general. The powers of Member States after this judgement have been reduced, they are no longer allowed to impose penalties on reverse charge transactions that are mistakenly reported. This case is...
Please Read More
Expected extension of Spanish SII
It is expected that the Spanish authorities will allow individual extensions of the 1st July deadline on SII requirements. Officially this has not been confirmed, so at amavat Europe we are working on the basis of no possible extensions to the current calendar. Along with this there are important changes...
Please Read More
VAT split payments being considered by Poland from 2018
/
Date25 May 2017
/Voluntary VAT split payments system is being considered by Poland, introducing from 2018. This measure, which will include customers paying VAT into a unique, locked bank account, is intended to reduce VAT fraud. This drafted scheme comprises of a split payment procedure, whereby the VAT amount of a sale is...
Please Read More
Reduced VAT on e-Books backed by EU committee
An important EU Parliamentary committee has voted to back the European Commission (EC) suggestions to decrease VAT on electronic books to the same rates as their paper equivalent. The full EU Parliament will now vote on, after the Economic and monetary Affairs Committee backed the measure. Within the EU VAT...
Please Read More
VAT rises ruled out ahead of UK elections
The current Conservative government and the main opposition Labour party recently ruled out future rises in VAT ahead of June’s election. Since the 10%+ debit from the financial crisis, the UK has enjoyed a decreasing government deficit, but still faces a challenge to balance the books. Since the 2015 elections...
Please Read More
More than 35,000 micro-businesses drawn into Brexit EU VAT net
It is estimated that 35,755 UK micro-business selling over the internet into Europe face being drawn into the EU VAT net for the first time following Brexit. Cost could reach €216,000pa to meet this new requirement. EU VAT exemption will benefit UK e-Commerce businesses As part of the UK’s membership...
Please Read More
BREXIT – UK VAT and tax policies
The concerns around Brexit has been dominated by the potential negatives and uncertainties facing the UK economy as it arranges to leave the European Union. This has been compounded in recent weeks but the probability of a ‘hard’ Brexit, with UK companies facing restricted access to the EU’s Single Market,...
Please Read More
