The Finnish Prime Minister agreed on the General Government Fiscal Plan for 2026 – 2029. One of the topics included in it was the proposal to change […]
Finland – Reduction in the reduced VAT rate
Posts archive for 2025
Poland – New draft acts on KSeF published
Following a public consultation on the VAT Act related to the National e-Invoicing System (KSeF) that enables the issuance and sharing of structured invoices, the Polish Ministry of […]
Latvia – Mandatory B2B e-invoicing postponed
The Latvian Parliament confirmed the postponement of the mandatory B2B e-invoicing from 1st January 2026 to 1st January 2028. The requirement to submit structured e-invoice data to the […]
Why Standard SAP Condition Records Fall Short in VAT Determination — And What You Can Do About It
Standard SAP condition records have long been the go-to method for determining sales tax codes. However, as businesses expand across borders and VAT regulations grow increasingly complex—particularly […]
Why VAT Teams Can’t Afford to Ignore SAP’s Innovation Flywheel: What Sapphire 2025 Really Means for You
We’ve just wrapped up another #SAPSapphire, and for me, this marks the tenth time attending. As always, the event delivered a flurry of announcements, showcasing SAP’s latest […]
France – End of one-off fiscal representation for imports: Extension granted
Background Non-EU businesses that are liable to VAT register in France must appoint a fiscal representative.However, if a business is based in one of the countries with […]
New UK-EU “Reset” Deal: A Quiet but Crucial Update for VAT and Trade
Following a summit in London between the United Kingdom and the European Union, an agreement was reached on 19th May 2025 with the aim of “resetting” the […]
Slovakia – Import VAT postponement scheme
Effective from 1st July 2025 Slovakia introduces an import VAT postponment scheme that aims to simplify VAT compliance and improve cash flow. Businesses established in Slovakia will […]
Estonia – Standard VAT rate change
The standard VAT rate in Estonia is due to increase from 22% to 24% form 1st July 2025. The change in the standard VAT rate was set […]
Bulgaria – Draft order on the SAF-T released for public consultation
The Bulgarian National Revenue Agency has launched a public consultation on the draft order outlining the structure, form, content and method of submission of the SAF-T. The […]
Portugal – Deadline date extension for certain VAT declarations
As a result of difficulties in taxpayers accessing the VAT Authority website due to the electricity blackouts and disruptions of the online services, deadline dates have been […]
Poland – New draft version released of e-invoicing FA(3) schema
The Polish Ministry of Finance published a new draft version of the FA(3) structured invoice schema relating to the National e-Invoicing System (KSeF). The key changes in […]
Latvia – Proposal to delay B2B e-invoicing
As the final legislation and regulation on e-invoicing for B2B have not yet been published, there is growing concern that businesses will not be prepared for introduction […]
France – Reduction in the VAT exemption threshold delayed
France has decided to delay the introduction of a single VAT exemption threshold of EUR 25,000 in turnover for all businesses until 2026. The change was initially […]