16 May 2024 Cyprus - 0% VAT Rate for basic food and women's hygiene products was extended till 30th June 2024 Cypriot Council of Ministers decided to further extend 0% VAT Rate for basic food and women's hygiene products till 30th June... Read more
16 May 2024 VAT in the Digital Age (ViDA) package NOT approved: ECOFIN council cannot find agreement At this week's ECOFIN council meeting, the hoped for agreement of the VAT in the Digital age (ViDA) proposal was not reached... Read more
16 May 2024 Slovakia - Draft bill proposing a temporary reduction of the VAT Rate for gasoline and diesel fuels to 8% Slovak parliament has accepted for consideration a draft bill proposing to reduce VAT Rate for gasoline and diesel fuels from... Read more
16 May 2024 Lithuania - Proposal to reinstate the reduced VAT Rate for Catering Services and Takeaway food as of 1st July 2024 Members of the Lithuanian parliament proposed to reinstate the reduced VAT Rate of 9% for catering services offered in restau... Read more
16 May 2024 Bulgaria - Further extension of 0% VAT Rate for bread and flour. Bulgarian parliament extended 0% VAT Rate for bread and flour to the 31st December 2024. The reduction to 0% was introduce... Read more
18 April 2024 ViDA update: EU Commission optimistic on approval of ViDA package by May 2024, though delay anticipated on e-invoicing & Digital reporting implementation At a Commission event on the future of e-invoicing, Agustin Miguez, who is part of the team responsible for the 'e-invoicing ... Read more
02 April 2024 Romanian e-invoicing / e-reporting - grace period extended In a recently published Government Emergency Ordinance (N° 30/2024), the Romanian Government extended the grace period during... Read more
02 April 2024 German "Growth Opportunities Act" approved, paving the way for e-invoicing in Germany Following on from our previous articles, the long awaited "Growth Opportunities Act", which also encompasses the introduction... Read more
19 March 2024 4 party triangulation permissible in the Netherlands In a recent update published by the Belastingdienst (KG:210:2024:3), it has been deemed that triangulation involving 4 partie... Read more
14 March 2024 Germany - Reduced VAT Rate for gas and district heating will expire on 31st March 2024 Germany introduced a temporary reduction of VAT on gas and district heating in October 2022 as part of the so-called "Third R... Read more
14 March 2024 Poland - 0% VAT Rate on food will not be extended after 31st March 2024 The Polish Ministry of Finance announced that the 0% VAT rate on basic food products such as fruit, vegetables, meat, dairy p... Read more
14 March 2024 UK - Increase of the VAT registration and de-registration threshold UK announced that the VAT registration and de-registration threshold will change from 1st April 2024. VAT registration thr... Read more