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 B2C basis and are intended...
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 also be numerous simplifications of...
The UK Brexit Customs and VAT Bill
Date17 Jan 2018
CategoryVAT Compliance
Last week, the UK Parliament had its second reading of the ‘Taxation (Cross Border Trade) Bill’, which lays the ground for the post-Brexit Customs, VAT and Excise regimes. The Bill was published on 20th November,...
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 a Slovakian VAT registration, if...