Changing VAT Scheme: What to Know How to Change Your VAT Scheme: Key Rules and Considerations In the United Kingdom, when you register for VAT, you can often choose how you will report your VAT to the tax authority. The method of reporting VAT is known as a VAT scheme. Making the optimal choice […]
E -Invoicing in Egypt: A New Chapter in Digital Taxation Egypt Embraces E-Invoicing: What This New Chapter Means for Businesses Egypt is undergoing a digital evolution in the world of tax, and it’s reshaping the way businesses handle invoicing. At the heart of this transformation is the Egyptian Tax Authority’s (ETA) e-invoicing and e-reporting initiative, […]
A pocket guide to reclaiming VAT from the UK Reclaiming VAT from the UK: A Simple Pocket Guide for Businesses Great – you’ve got stacks of VAT recovery opportunities waiting to be reclaimed. Except for one tiny problem: you do not know where to begin. We don’t blame you. VAT reclaim (especially from the UK) […]
From Sun, Sand… to Standardisation: Mauritius Expands E-Invoicing Mandate Explaining the current e-Invoicing Mandate in Mauritius Mauritius has embarked on a sweeping regulatory reform with the introduction of its national electronic invoicing mandate, propelled by amendments to the VAT Act under the Finance (Miscellaneous Provisions) Act of 2022 (“VAT Act“). In September 2023, the Mauritius Revenue Authority (“MRA“) […]
Danish Tax Agency Updates VAT Refund Guidance: New Rules for Suppliers and Customers Denmark’s Updated VAT Refund Rules for Suppliers and Customers The Danish Tax Agency (DTA) has issued updated guidance on VAT refunds, introducing new rules that reshape how both suppliers and customers handle incorrectly charged VAT. This clarification provides businesses with more flexibility […]
EU VAT Cuts on Fuel and Energy to Combat Inflation Rate EU Reduces VAT on Fuel and Energy to Address Inflation: What You Need to Know Germany, Spain and The Netherlands are experiencing a significant decrease in VAT rates on energy and fuel costs, and all the more EU member states are following suit. […]
GST Tax vs. VAT: What’s the Difference? Goods and Services Tax (GST) and Value Added Tax (VAT) are effectively two names for the same type of indirect tax. However, that doesn’t mean that GST and VAT are applied identically in all places. Each country has its own tax regulations, and there are different processes […]
Hotelbeds v HMRC: Can Businesses Reclaim VAT Without Invoices? Can Businesses Reclaim VAT Without Invoices? Hotelbeds vs HMRC: Understanding VAT Reclaims Without Invoices Can businesses recover VAT without holding valid invoices? A recent High Court judgment in Hotelbeds UK Ltd v HMRC [2025] EWHC 2312 has confirmed that, in some cases, the answer is yes. This landmark ruling reshapes […]
South Korea Introduces Self-Billing Invoices Understanding South Korea’s Self-Billing Invoices: Key Business Insights Tax reforms launched by The South Korean Ministry of Finance and Economics allow purchasers to issue invoices to claim VAT deductions. A newly introduced self-billing system in South Korea allows businesses to issue their own tax invoices instead of relying on suppliers. […]
eezi by VAT IT and Consilio.io: SAP Concur e-Invoicing Partnership Every Business is Also Somebody Else’s Supplier A finance team running SAP Concur usually thinks of e-Invoicing as an incoming problem. A supplier issues something and Concur Invoice has to make sense of it. But that same business is also a supplier to somebody […]
When You Need an Intra-Community VAT Number and How to Get One If your business buys or sells goods and services across EU borders, intra-community VAT is something you will need to understand. It is not the same as domestic VAT, and the rules around registration, invoicing, and reporting work differently from what most businesses […]
5 Top AI-Powered Tax Compliance Tools Tax compliance software has come a long way and what used to mean basic automation now includes machine learning, smarter data processing and tools that can spot problems before they become expensive. The category has a new name: AI-powered tax compliance. For finance and tax teams managing tax […]
SAF-T Reporting Explained: What Businesses Need to Submit for VAT Compliance Tax authorities across Europe are moving away from manual, sample-based audits. In their place, a growing number of jurisdictions now require businesses to submit structured accounting and VAT data in a standardised format that can be checked automatically, at scale, and in far greater […]
The DGFiP Has Spoken: France’s September e-Invoicing Deadline Stands. There has been speculation in recent weeks about whether France’s mandatory e-Invoicing deadline would be pushed back following a cyberattack on the DGFiP, France’s Public Finances Directorate. The French government has now responded directly, and the answer is unambiguous: no postponement. David Amiel, Minister for […]
How to Deregister for VAT and What to Consider First A drop in turnover, a change of business model, or the closure of a cross-border sales channel can all result in a company being registered for a tax it no longer needs to charge. Cancelling that registration is rarely as simple as writing to the […]
EDI vs E-Invoicing: What’s the Difference and Which Does Your Business Need? Both EDI and e-Invoicing move structured transactional data electronically between businesses. On the surface they look similar. In practice they serve different purposes, operate through different mechanisms, and carry very different compliance implications depending on where your business operates. Understanding the distinction is […]
Backdating VAT Registration: What Businesses Need to Know VAT registration has a deadline. Miss it, and the tax authority does not simply move the start date forward to when you applied. In most cases, it moves it back to when you should have registered in the first place. That gap between when you were liable […]
VAT IT and Helios: Every Invoice Verified, All Eligible VAT Recovered. When your business crosses borders, the tax rules, invoice formats, and compliance requirements change with every country you enter. Most expense platforms were not built to handle that. Managing it across multiple vendors is where things tend to go wrong. Helios and VAT […]
Everything you need to know about VAT Registration Certificates in Professional Services Understanding VAT Registration Certificates for Professional Services Navigating indirect tax can be tricky, especially in the professional services sector. Whether you’re a law firm expanding into new territories, a consulting agency operating across borders, or a recruitment agency billing clients abroad, your VAT […]
Tax Number vs VAT ID in Slovenia Understanding the Difference Between Tax Numbers and VAT IDs in Slovenia For businesses operating in Slovenia, or those working with Slovenian entities, understanding the difference between a tax number and a VAT identification number (VAT ID) is more than a matter of semantics. It’s a fundamental distinction that […]
VAT recovery for businesses in the USA Understanding VAT Recovery Processes for Businesses in the United States As a business based in the United States, you’re probably well aware of the concept of sales tax. However, what happens when your business expands beyond just the 52 states? Can you reclaim the sales tax incurred […]
This webinar explains how US businesses can identify and recover foreign VAT, breaking down key concepts like reciprocity and showing where refund opportunities are often missed.
