Following its decision on 13th November 2025 to abolish the EUR 150 customs duties exemption threshold on low value consignment goods as of 2028, the EU Council […]
EU to introduce customs duty fee on low-value e-Commerce packages from July 2026
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Belgium – VAT rate increases / decreases postponed till 1st March 2026
The Belgian government has officially postponed several planned VAT rates increases and decreases for the hospitality and leisure sectors until 1st March 2026. The changes, which include moving […]
Finnish VAT rate change to 13.5% approved by parliament
The Finnish parliament has approved a legislative amendment to decrease the VAT rate from 14% to 13.5%. The law is now awaiting the President’s confirmation. The current 14% […]
Compliance in Real Time: Sweden’s Digital Audit Era
Sweden will introduce online tax audits from April 2026, granting the Tax Authority direct access to business records stored in cloud platforms and accounting systems. This reform […]
Key Changes to Cyprus Intrastat Thresholds for 2026
The Cyprus Tax Department has updated the Intrastat exemption thresholds for 2026, primarily impacting the reporting requirements for intra-union arrivals. The threshold for dispatches remains unchanged. For […]
Finland – Removal of intrastat arrivals obligation
Finland is removing the Intrastat declaration obligation for arrivals of goods starting from the statistical year 2026. This change is part of an EU-wide modernisation effort to […]
Lithuania – Intrastat thresholds for 2026
Lithuania has updated its Intrastat exemption thresholds for 2026. The threshold for arrivals has been raised to €600,000, while the threshold for dispatches remains at €400,000. The official thresholds set by the Statistics Lithuania for the […]
Romania Intrastat Thresholds for 2026
Romania has announced that it will maintain the current Intrastat reporting thresholds for the calendar year 2026, keeping the administrative burden stable for businesses engaged in intra-EU […]
Romania’s tax audit program: intensified controls and digital enforcement
Romania is entering a new era of tax enforcement in 2025, as the National Agency for Fiscal Administration (ANAF) launches an ambitious tax audit program targeting compliance […]
Hungary – Public Consultation on New Mandatory e-Invoicing System
The Hungarian National Tax and Customs Administration (NAV) has initiated a public consultation on implementation of a new mandatory Business-to-Business (B2B) and Business-to-Government (B2G) e-invoicing and e-reporting system. […]
Finland – single reference number for tax payments
Finland is currently making significant updates to its payment and tax systems, including the introduction of a single reference number for all business taxes. This move is part of […]
France Faces €10 billion VAT shortfall: A fiscal shock for Europe’s second-largest economy.
France is grappling with a massive €10 billion shortfall in VAT revenues, throwing its 2025 budget plans into disarray. Initial projections estimated VAT income at €101.4 billion, […]
Belgium – Budget agreements
Belgium’s federal government has agreed on a budget for 2026, which introduces targeted VAT increases on specific services and products, while a proposed general increase of the […]
New Irish Revenue Guidance on application of VAT Group rules
The Irish Revenue has announced a major change to VAT grouping rules, effective from 19 November 2025. Key changes and updates to Irish VAT-Group Rules: Irish VAT groups […]