Polish government has adopted a draft law that concerns an increase in the limit for VAT exemption from PLN 200,000 to PLN 240,000. The new threshold is […]
Polish government has adopted a draft law that concerns an increase in the limit for VAT exemption from PLN 200,000 to PLN 240,000. The new threshold is […]
The Hungarian Tax Authority introduced a new system for imposing penalties for late payment of VAT. Starting from 2025, the late payment fee is calculated and charged […]
Hungarian Tax Authority is planning to implement a SAF-T file requirement. The specific implementation date has not been provided yet, however, most probably same will be launched […]
Hungarian government issued a Bill that includes the following changes in the VAT Act: Changes in the VAT Act have been released for public consultation until July […]
The Finnish government proposed a reduction in VAT rate from 14% to 13.5%. If approved, the change will be effective from 1 January 2026.
Germany plans to permanently reduce the VAT rate on food in the hospitality sector to 7% from 1 January 2026. The reduction in the VAT rate was […]
The Estonian parliament rejected a proposal to which the current 22% VAT rate on food products was planned to be initially reduced to 9% with a potential […]
The Lithuanian Parliament is currently reviewing a bill that proposes changes to the reduced VAT rate. Under the proposed amendments, the reduced VAT rate would increase from […]
Poland is proposing an increase in the VAT registration threshold from PLN 200,000 to PLN 240,000 (approx €56,000). The likely implementation date is 1st January 2026.
A draft Law proposing delay in implementation of the e-invoicing has been published. As per the drafted Law, all businesses must receive e-invoices via a certified Public […]
The Polish Ministry of Finance (MoF) has provided an update on the status of the National e-Invoicing System (KSeF) and advised there are no plans to postpone […]
The National Revenue Agency (NRA) has started a phased introduction of the SAF-T. The structure of the SAF-T, content and submission process of the standard audit file […]
From 1st April 2025, HMRC introduced stricter regulations to reduce the VAT gap and ensure more taxpayers fulfil their VAT obligations on time by increasing penalties for […]
Hungary proposes reduction in the VAT rate to 5% from September 2025 on cereal grains, milk and dairy products, bread, honey, vegetables, legumes, fruits, and spices.