On 25th July 2025, the Romanian government officially signed into legislation two very important VAT rate changes that will come into effect on 1st August 2025, just […]
On 25th July 2025, the Romanian government officially signed into legislation two very important VAT rate changes that will come into effect on 1st August 2025, just […]
On 21 July 2025, HMRC published its updated Digital Transformation Roadmap, outlining its vision for a modern tax system that’s “digital by default” by 2030. This isn’t […]
An amendment to the Act on the National Tax Administration and the VAT Act was published introducing new below listed provisions for businesses that are during and […]
In order to simplify tax reporting and reduce fraud, Norway plans to align with the EU standards and introduce mandatory e-invoicing and digital bookkeeping. The Norwegian Tax […]
On 18th July 2025, the EU Council approved the proposal for changes to the EU VAT Directive, which will come into force on 1st July 2028, and […]
The Romanian Parliament approved the following changes in VAT rates: – Increase in the standard VAT rate from 19% to 21%, – Replacing existing 5% and 9% […]
Since 1st January 2025 businesses registered for VAT in Germany must be capable of receiving structured e-invoices for domestic B2B transactions. From 1st January 2027 the e-invoicing […]
Public consultations on the draft order outlining the structure, form, content and method of submission of the SAF-T have been concluded. Opinions, proposals and comments are currently […]
As tax authorities move toward e-invoicing and live reporting, traditional VAT processes may no longer be fit for purpose. Rethinking VAT Compliance in the era of real-time […]
On the 25th June 2025, the German Ministry of Finance issued revised draft guidelines in relation to e-invoicing in Germany, following on from the initial roll-out already […]
Key Issues Identified: During a recent meeting of the VAT Expert Group, several members voiced concerns regarding the lack of standardisation in e-invoicing models across EU Member […]
Fast paced changes to business models, navigating increased complexities in VAT regulations and the shift from traditional end of period VAT return processes towards digitisation are leaving […]
The deadline for having a bank guarantee in place for Non- EU businesses to secure their inclusion in the EU’s VAT Information Exchange System (VIES), was on […]
The Romanian Government adopted the draft law that proposes following changes in VAT rates: The draft law still requires the President approval before it is implemented, however […]