Starting from 1 January 2025, businesses registered in Latvia that issue invoices to Latvian budgetary institutions (business to government (B2G) and government to government (G2G) sectors) must […]
Latvia – E-Invoicing
All posts by Monika Misiura
Lithuania plans to reduce VAT on essential food and catering services
Lithuania considers lowering the VAT rate to 9% for essential food products, catering and beverage services, with the exception of alcoholic beverages. If adopted, the amendments will […]
Hungary – Reconciliation between real time reporting and VAT return
Starting from January 2025 the Hungarian Tax Authority plans to compare data from the real time invoicing system with the VAT returns. In case of any discrepancies […]
Bulgaria – Mandatory SAF-T
Bulgaria is planning to implement a mandatory Standard Audit File for Tax (SAF-T) reporting starting from January 2026. The implementation is planned to start with large enterprises […]
Estonia : Planned VAT changes due in 2027
The Ministry of Finance has sent a draft development plan to amend VAT Act that covers: Currently VAT payers are required to submit additional data on invoices […]
Estonia – Parliament approves increase of standard VAT rate
The Estonian Parliament has adopted the Security Tax Act, which among other measures includes increase in the standard VAT rate from 22% to 24% from 1 July […]
Northern Ireland and UK – Changes in the OSS and IOSS schema
The UK Tax Authorities (HMRC) has issued The Value Added Tax (Distance Selling) (Amendments) Regulations 2024, in relation to the OSS and IOSS scheme applicable to Northern […]
Latvia E-Invoicing
Currently local government institutions in Latvia are required to accept e-invoices in their public procurement process as per the specifications established by the European Union. However, the […]
Germany E-Invoicing
Germany plans to introduce mandatory e-invoicing for established taxpayers that engage in B2B transactions from 1 January 2026. Under the new regulations, taxpayers would be required to […]
Belgian Intrastat Portal access
The current method of accessing the system for submission of the Intrastat declarations in Belgium (i.e. OneGate) whereby a “username + password” is currently used to login […]
Slovakia – E-invoicing for B2G and G2G transactions
s a result of Slovakian VAT Authority still clarifying the process of submission for e-invoices to the IS EFA platform for B2G (business to government) and G2G […]
Lithuania – Extension of reduced VAT rate for food services
Lithuanian VAT Authority is planning to extend the reduced VAT rate that is due to expire at the end of this year for supplies of catering services […]
Romania – E-invoicing for all B2B transactions
EU Commission has granted authorization to Romania for the implementation of a derogation from the provisions of the VAT Directive 112/2016 in relation to the use of […]
Estonia – Increase in VAT rates.
On 12th June 2023 the Estonian government approved legislation which will see the standard VAT rate of 20% increase to 22% from 1st January 2024. Additionally from […]