EU Member States to work collectively to stamp out VAT fraud
Date25 Ιαν 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 tax system more resilient to...
VAT ‘Split Payment’ benefit questioned by the EU
Date24 Ιαν 2018
CategoryVAT Compliance
VAT Split Payment benefit questioned by the EU A European Commission study into the benefits of ‘Split Payments’ as a VAT collection tool, aimed at battling VAT fraud, has cast doubt on the cost /...
There are more than 800,000 online stores in Europe
Date23 Ιαν 2018
Categoryamavat ανακοίνωση
e-Commerce News along with data company, Dataprovider, have conducted research to find out how many online stores are currently in Europe. According to the research, there is a 98% accuracy in the measurements. In total,...
VAT rate changes 2018
Date22 Ιαν 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 19% standard VAT rate on...
EU update on VAT rules for eCommerce businesses
Date19 Ιαν 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 Ιαν 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 Ιαν 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 Ιαν 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...