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 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 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’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 […]
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 […]
Polish government proposed a bill to increase the VAT rate on certain non-alcoholic and energy drinks. The new legislation would eliminate the current reduced VAT rates for these products, with […]
As part of the country’s move toward full digitalization and alignment with the EU’s VAT in the Digital Age (ViDA) initiative, Slovenia is planning introduction of the […]
From November 30, 2025, Germany will update its technical interface for verifying foreign VAT numbers by introducing a new REST API-based system. This change, announced by the Federal Central […]
Portugal has officially approved legislation to introduce a VAT grouping regime, that is designed to improve cash flow for groups of closely linked companies. The new rules […]
In a move designed to reduce the administrative and tax burdens on small businesses, the Hungarian government has announced a phased increase of its annual VAT registration […]
The French government has officially restored the VAT exemption regime (franchise en base de TVA) which was in force as of 1st January 2025, following significant opposition. […]
Introduction The VAT treatment of vouchers has long posed challenges for businesses and tax authorities alike. The distinction between single-purpose and multi-purpose vouchers is often complex in […]
What Businesses Need to Know The Polish Ministry of Finance has announced significant amendments to the regulation governing VAT returns and records (JPK_VAT). These changes, driven by […]
Belgium is currently debating a proposal to increase the standard VAT rate from 21% to 22%. The proposal is part of the broader reform of the federal […]