Bulgaria increases there Intrastat Reporting Threshold in 2018
Date08 feb 2018
CategoryVAT Compliance
Bulgaria as of the 1st January, 2018 increased the ‘Intrastat Reporting Thresholds’ for both arrivals and dispatches. Arrivals threshold will be greater than before, increasing from BGN 410,000.00 to BGN...
Portugal’s February Tax Dates
Date07 feb 2018
CategoryVAT Compliance
Conceito our Portuguese amavat® Partner Firm has put together an English document with generic* information regarding Portugal’s ‘Tax Calendar’ for February 2018. (also available in Portuguese below) Click here for...
The EU Council issues its VAT priorities for 2018
Date07 feb 2018
CategoryVAT Compliance
The Presidency of the Council of the EU, which is held in Bulgaria for the first half of 2018, has issued its priorities for indirect tax. These comprise of: Implementing...
Hungarian ‘live VAT invoice reporting’ will commence July 2018
Date30 jan 2018
CategoryVAT Compliance
Hungary advised recently that ‘live VAT invoice reporting’ will proceed from the 1st July, 2018. The requirements relate to VAT invoices above HUF100,000.00. The timing of reporting has been tightened...
EU Member States to work collectively to stamp out VAT fraud
Date25 jan 2018
CategoryVAT Compliance
European Union Member States to work collectively to stamp out VAT fraud Towards the end of 2017 the European Commission released new tools intended to make the European Union’s value-added...
VAT rate changes 2018
Date22 jan 2018
CategoryVAT Compliance
VAT rate changes ’18 Below you will see a summary of the principle VAT rate changes in the European Union on 1st January, 2018. Country VAT Change Cyprus Imposition of...
EU update on VAT rules for eCommerce businesses
Date19 jan 2018
CategoryVAT Compliance
The EU has recently declared new rules to help eCommerce businesses simplify how they account for VAT. These new rules apply to businesses selling both goods and services on a...
Update to Italian ‘Spesometro’ for 2018
Date18 jan 2018
CategoryVAT Compliance
Update to Italian Spesometro for 2018 The reporting frequency for 2018 invoice listing (or ‘VAT Books’) submission (formerly ‘Spesometro’) has been changed by Italy, from quarterly to bi-annually. There will...
Simplification to Slovakian VAT registration
Date16 jan 2018
CategoryVAT Compliance
From the 1st January, 2018, non-resident Slovakian businesses may side-step the responsibility to VAT register for intra-community transactions and distance sales from Slovakia. At present, foreign companies must apply for...