In a previous article, we explored Poland’s plans to introduce pre-filled VAT returns and the wider implications for businesses operating in increasingly digital tax environments. While Poland’s […]
Introduction A transfer of a going concern (TOGC) is a special VAT mechanism, that allows the transfer of a business, or an autonomous part of a business, […]
The Cypriot Council of Minsters approved a temporary 0% VAT rate for certain essential goods. The 0% VAT rate applies as follows: – From 1 October 2026 […]
The European Commission has launched a public consultation to gather stakeholder views on how the EU VAT framework can be better aligned with the objectives of a […]
The Polish Ministry of Finance announced plans to extend penalty free period related to errors in KSeF. Originally the grace period was due to end at the […]
A draft Law amending the Bulgarian VAT Act has been published for public consultation by the Ministry of Finance. The new draft is planned to be implemented […]
The Spanish Ministry of Finance published an information note proposing to defer the implementation date of Verifactu regulation to October 2028. This way both Verifactu regulation and […]
The French tax administration is reminding businesses that the simplified VAT regime (Régime Réel Simplifié de TVA) will be abolished from 1 January 2027. Under the current regime, businesses […]
The Ministry of Finance in Poland is currently working on a draft amendment to the VAT Act that would enable the Tax Authority to create a pre-filled […]
The Polish government has approved a draft amendment to the VAT Act that would remove the reduced VAT treatment on juice containing non-alcoholic beverages that fall within […]
One of the more complex areas of VAT, and ensuring that VAT is correctly charged, is that of triangulation and chain transactions Chain transactions occur where the […]
There are significant upcoming changes to the Slovakian VAT requirements that affects invoicing and tax reporting processes starting from January 2027. The Slovakian government is replacing traditional paper […]
On the 3rd September, the European Commission published new information on the operation of the EU’s VAT e-commerce rules, highlighting the continued growth of the One Stop […]
Input VAT deduction and VAT neutrality With regard to the right of deduction, the main principle is the allocation of the purchase. VAT incurred on goods or […]