The Polish Minister of Finance signed a bill which will extend the 0% VAT rate on basic food products such as fruit, vegetables, meat, dairy products and […]
Posts archive for 2023
Germany to delay mandatory issuing of e-invoices until January 2027
Germany has approved draft legislation which postpones the mandatory issuing of e-invoicing for B2B transaction from January 2026 until January 2027 for established taxpayers. The requirement to […]
Latvia – Government approved increase in VAT rate on fruit and vegetables to 12%
The Latvian government announced on 28th November its approval of the increase in VAT rate from 5% to 12% on fruits and vegetables with effect from 1st […]
France – French Senate proposed new earlier timeline for introduction of e-invoicing for large businesses.
The French government announced in October 2023 a proposal to delay the introduction of mandatory e-invoicing until 1st September 2026, however on the 27th November 2023 the […]
Finland – Proposed increase in reduced VAT rate from 10% to 14% from 2025
The Finnish government is planning to raise the reduced VAT rate of 10% to 14% for all goods and services except newspapers and magazines from the beginning […]
Sweden – Update in invoicing guidelines
The Swedish VAT Authorities have issued a clarification in relation to requirements that a complete invoice must contain. In particular, an invoice needs to include, among other […]
UK – Autumn Statement for 2023
The UK government recently announced their Autumn statement for 2023 which included the following amendments relating to VAT. The 0% VAT rate currently applicable on women’s sanitary […]
Greece- Budget 2024 – Proposed VAT changes
The Greece Budget for 2024 was submitted to Parliament on 21st November 2023 and included the following proposed amendments relating to VAT.
Poland – Proposal to extend 0% VAT rate on food until 30th June 2024.
The Polish Deputy Finance Minister has submitted a bill proposing that the 0% VAT rate on food be extended until 30th June 2024. The 0% VAT rate […]
Slovakia – Proposal to increase the VAT registration threshold from EUR 49,790 to EUR 75,000.
Slovakia are proposing to increase the VAT registration threshold for resident businesses from EUR 49,790 to EUR 75,000.. If approved it is expected to enter into effect […]
Czech Republic – Consolidation of the reduced VAT rates into a single 12% rate from 1st January 2024 was signed into law.
In the Czech Republic, the consolidation of the two reduced VAT rates of 15% and 10% into a single 12% VAT rate which is due to take […]
Digital VAT Reporting consultation in Ireland: Revenue to take inspiration from businesses’ experiences in other jurisdictions
Irish Revenue has now opened its public consultation, as it considers the direction it will take to modernise Ireland’s domestic reporting systems – with e-invoicing & Digital […]
Germany – VAT on restaurant and catering services to revert to 19% from 1st January 2024.
The VAT rate on food served in restaurants and catering services will increase from 7% to 19% with effect from 1st January 2024. The VAT rate was […]
EU Commission ViDA update: Implementation delayed due to Member State deliberation on e-invoicing & digital reporting pillar
The EU Commission provided an update on the current status of ViDA negotiations, at the recent VAT expert group meeting which was held in the last weeks. […]