Electronic invoices in France will be mandatory in 2023
All companies will be obligated to use e-invoicing in France in 2023. This was set in place to reduce VAT fraud and to make invoice management easier for businesses.
19 April, 2021
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ECJ decision simplified correction of reverse charge purchases in Poland
The European Court of Justice ruled that the VAT Directive trumps national legislation. Output VAT is not required to be reported separately when correcting IC-acquisitions. This means that taxpayers in Poland are entitled to refunds for VAT overpayment and interest incurred on IC-acquisitions.
19 April, 2021
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Poland clarifies VAT rules on fuel card transactions
Poland provided more clarity on the VAT treatment of purchases made with a fuel card.
19 April, 2021
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UK duty deferment accounts for postponing customs payments
It is possible for UK-registered businesses to delay the payment of customs duties, VAT, and excise duties. Certain conditions must be met and an application should be approved by HMRC.
19 April, 2021
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UK companies without a fiscal representative in Bulgaria face VAT number deactivation
UK companies who did not appoint a fiscal representative in Bulgaria by 31 March 2021 will have their Bulgarian VAT numbers deactivated.
19 April, 2021
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Mandatory e-invoicing postponed in Greece to July 2021
Originally, Greece had planned to make e-invoicing and e-book reporting obligatory in October 2020. It will now be further postponed to 1 July 2021.
19 April, 2021
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Upcoming changes to Intrastat returns in 2022
Regulation (EU) 2019/2152 will come into force starting from 1 January 2022 and will bring changes to Intrastat returns.
19 April, 2021
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E-invoicing in Poland postponed to 2023
Mandatory e-invoicing in Poland that was originally scheduled for 2022 will be postponed until 2023.
12 April, 2021
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13th Directive no longer applies to input VAT on fuel in Austria
Effective as of January 2021, non-EU companies that are not VAT registered in Austria will not be able to recover input VAT on fuel purchases through the 13th directive.
22 March, 2021
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2019 Annual VAT return in Germany deadline to be extended
Due to Covid-19, the German tax authorities announced a likely extension on the deadline to submit the 2019 Annual VAT return.
16 March, 2021
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No RTR penalties for foreign e-commerce in Hungary until July 2021
The Hungarian tax authorities announced that there will not be imposed penalties for distance sellers until 30 June 2021. Also, those planning to utilize OSS will be exempt from the real time reporting obligation.
16 March, 2021
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Cyprus to allow VAT payments in installments in 2021
Cyprus tax officials announced that taxpayers will have the option to make their VAT payments in installments for certain reporting periods.
16 March, 2021