Background In the world of VAT compliance, few topics cause more confusion than the distinction between disbursements and recharges. While both involve passing costs to clients, their […]
The EU Council authorised Poland to extend the special measure limiting VAT deductions to 50% on the purchase, intra-Community acquisition, importation, hire, or leasing of certain motorised […]
The Latvian government approved application of a reduced VAT rate of 12% on milk (with exception to ultra-sterilised milk), bread, poultry meat and eggs from 1 July […]
The Irish Budget was announced on 7th October 2025 and included the following VAT measures: The 9% reduced VAT rate on gas and electricity which was due […]
The Dutch Parliament approved the bill by which the VAT rate for culture, media and sports will be retained at the 9%. The VAT on accommodation will […]
A new circular was published in Belgium announcing the indefinite postponement of the modernisation of the VAT chain in Belgium. As a result the end of the […]
In order to promote healthier diet and reduce household costs, the Conservative Party in Denmark proposed the removal of 25% VAT rate on fruit and vegetables. There […]
Greece officially confirmed the introduction of a mandatory B2B e-invoicing on a phased basis with following timelines: Greece – Mandatory e-invoicing •2nd February 2026: Large businesses •1st […]
Time is running out to file Modello AGI/1 for the Italian businesses that wish to set up a VAT group starting from January 2026. The Modello AG/1 […]
The Law proposing introduction of a VAT group simplification in Portugal was approved by the Council of Ministers. A VAT group simplification will allow related businesses that […]
Slovakia plans to increase a VAT rate applicable to food with high content of sugar and salt from 19% to 23%. This includes among others, chocolate, biscuits, […]
The Bulgarian Tax Authority published the technical documentation of the SAF-T file and confirmed the implementation timelines. Timelines: January 2026 – Large enterprises January 2028 – Mid-sized […]
The move toward mandatory e-invoicing across the European Union is accelerating rapidly. While the EU’s VAT in the Digital Age (“ViDA”) proposals aim for greater harmonisation, the […]
As governments around the world ramp up digital tax initiatives, a new trend is gaining traction: pre-filled VAT returns. Powered by real-time data collection and mandatory e-invoicing […]