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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 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 […]
From 27th May 2025, the Dutch VAT Authority is introducing an automatic check during VAT return submission to validate the reporting period and the submission date. Only […]
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 […]
Today, the Council of the European Union published details of a draft directive (8570/25), amending the EU VAT Directive, to tighten VAT rules on distance sales of […]