Country-by-country breakdown of the tax changes being made globally to ease the stress that the Coronavirus is putting on the global economy.
All COVID-19 News & Updates
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 becomes one of very few European Members offering ane extension or late VAT submissions to third countries via the 13th Directive mechanism.
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.
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.
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.
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.
All non-European businesses must continue to prepare their cross-border VAT claims.
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.
These COVID-19 VAT tips for businesses will help companies around the world boost liquidity in times of economic challenges. Learn how to harness VAT refunds and compliance.
Businesses may be forced to consider ways of doing remote VAT returns and refund requests. These helpful tips will help your business to perform a successful VAT return or refund request while working from home.
Explore the different VAT cashflow tips to help companies through Covid-19
How to protect your business during times of economic uncertainty.
With an unprecedented amount of employees working from home, international travel bans abound in major trading countries, Covid-19’s VAT impact is significant.
The Maltese national party has called for a suspension of the 7% VAT on accommodation to aid hoteliers and local entrepreneurs in a time of ‘uncertainty’.
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