Following an outcry from MPs, HMRC had to remove its Benefit in Kind section from it’s updated Guidance.
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Ireland Cuts VAT Rate by 2% to Lower Costs for Consumers
The Irish Tax authorities will be allowing a temporary VAT Rate cut from 23% to 21% between 1 September 2020 to 28 February 2021 as part of their July stimulus package announcement.
Coronavirus: Global Guide to Tax Changes
Country-by-country breakdown of the tax changes being made globally to ease the stress that the Coronavirus is putting on the global economy.
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Dutch Tax Authority System Can’t Handle VAT Rate Cuts
The Netherlands will not be following their neighbouring countries, Belgium and Germany in granting VAT rate cuts to stimulate the economy against the pandemic.
UK Slashes Hospitality VAT Rates to 5%
Chancellor Rishi Sunak announced today (8 July) in his summer statement that he will be cut VAT from 20% to 5% for parts of the hospitality sector.
Understanding HMRC’s Making Tax Digital & Digital Links
In light of HMRC’s extension of Making Tax Digital Phase II roll-out, we have outlined key aspects of making tax digital and the digital links required.
The Strangest 13th Directive VAT Deadline in History
An account of an unprecedented VAT deadline from the COO of VAT IT Reclaim – Foreign.
Lithuania Extends 13th Directive VAT Deadline
The Lithuanian Tax authority will allow for an extension of the 13th Directive deadline originally set at 30 June 2020 to 30 September 2020.
Serbian VAT Authority Extends 13th Directive Deadline
The Serbian VAT Authority have extended the 13th Directive deadline (originally set at 30 June 2020) by 3 months.
Germany Decreases VAT Rates Until December 2020
Germany has slashed its VAT rates in a bid to increase consumer demand and stimulate the economy
Czech Republic Allows Electronic VAT Submissions
The Czech Republic will not be providing an extension on the 13th Directive deadline for Non-European businesses, however it will allow for VAT refund submissions to be sent through electronically.
Slovakia to Allow Late Cross-border VAT Submissions
Slovakia becomes one of very few European Members offering ane extension or late VAT submissions to third countries via the 13th Directive mechanism.
Monaco Extends 13th Directive VAT Deadline by 3 months
The extension has been granted as a result of the COVID-19 pandemic and hopes to ease the pressure off non-European businesses who may be struggling to ready their claims for submission while working remotely and in isolation.
Germany to Provide Easements on Late 13th Directive VAT Refund Applications
The German VAT authorities confirmed this week that although they will not be providing an official extension to the 13th Directive VAT deadline, they will allow some easements on late refund applications.
COVID-19: Saudi Arabia VAT Rate Soars up to 15%
The new VAT rate will come into effect from 1 July 2020 and businesses both within Saudi Arabia and abroad will need to adjust invoicing, filing and tax compliance procedures.
EU Taxation Rules Postponed
The European Commission released a statement on Friday 7th May that it proposes to postpone the entries into force of two EU taxation measures. The EU commission hopes this will ease the pressure off businesses and member states that are facing bigger challenges in the midst of the Coronavirus crisis.
13th Directive Deadline Still Set For June Despite COVID-19
All non-European businesses must continue to prepare their cross-border VAT claims.
France Extends 13th Directive VAT Deadline to September
The French VAT authorities have announced that the 13th Directive VAT deadline will be extended from the 30th June 2020 to the 30th September 2020.
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