Tag

Europe

Bulgaria increases there Intrastat Reporting Threshold in 2018

/
Date08 feb 2018
/
Posted By
/
Categories
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...
Please Read More

Portugal’s February Tax Dates

/
Date07 feb 2018
/
Posted By
/
Categories
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...
Please Read More

There will be tax cuts, not tax hikes for Germany’s new coalition government

/
Date02 feb 2018
/
Posted By
/
Categories
Germany’s three political parties set to form the next governing coalition have agreed to decrease the solidarity tax burden, according to the text of the recently released agreement. This solidarity...
Please Read More

Belgium adopts the ECJ’s position on unfinished invoices

/
Date01 feb 2018
/
Posted By
/
Categories
Belgium has implemented the recent ECJ jurisprudence regarding the right to subtract VAT on invoices with missing details. On the 12th October, 2017 the authorities published a circular letter 2017/c/64...
Please Read More

Luxembourg collects unpaid taxes from recent tax amnesty

/
Date31 jan 2018
/
Posted By
/
Categories
Luxembourg has collected over EUR30mln (approx. $36.7mln) in unpaid taxes in 2016 as a result of a tax amnesty scheme, Finance Minister Mr Pierre Gramegna has told parliament. Reacting to...
Please Read More

Spain announced 4% transfer tax on P2P internet sales

/
Date30 jan 2018
/
Posted By
/
Categories
Spain has prolonged its ‘Impuesto de Transmisiones Partrimoniales’ (ITP) transfer tax to the sale by consumers of second-hand goods on the internet. If consumers are not VAT registered, then the...
Please Read More

Hungarian ‘live VAT invoice reporting’ will commence July 2018

/
Date30 jan 2018
/
Posted By
/
Categories
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...
Please Read More

UK Tax News

/
Date26 jan 2018
/
Posted By
/
HMRC urged to temper new VAT penalties for online retailers ‘ The Chartered Institute of Taxation (CIOT) is calling for amendments to a new government scheme to tackle VAT evasion...
Please Read More

EU VAT News

/
Date25 jan 2018
/
Posted By
/
Categories
EU 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 tax...
Please Read More