VAT payment deferral allowed in Sweden when changing VAT return frequency
The Swedish tax authorities announced that when companies switch between VAT return frequencies, they will be able to defer their VAT payment temporarily.
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The Swedish tax authorities announced that when companies switch between VAT return frequencies, they will be able to defer their VAT payment temporarily.
The European Commission published updated CN codes for customs and intra-EU purposes for 2021.
The Italian tax authorities announced that no fiscal representation will be required for UK-established companies after Brexit.
Previously, it was mandatory to make tax payments in Spain from a Spanish bank account. Foreign businesses will not need to abide by this regulation as of 15 March 2021.
A more detailed digital VAT return will be introduced in Norway in 2022. The authorities are also considering the obligation to report transaction level of data. We still need confirmation on how this will be adjusted to foreign businesses registered for VAT.
The Belgian tax authorities have confirmed that following Brexit, UK companies will not need fiscal representation for VAT purposes.
HMRC postponed the implementation date of stricter requirements in MTD due to Covid-19. This extension is coming to an end.
Germany announced changes on the definition of the supply of goods with installation for VAT purposes. These changes may require foreign businesses to register for VAT in Germany.
In light of Brexit, all EU companies will need to change the way they recover input VAT in the UK when they are not VAT registered.
This article explains how to reduce your penalties by voluntarily regularizing your VAT obligations in Italy.
As a COVID-19 simplification, Hungary will not apply penalties on Real Time Reporting obligation during the first three months of 2021.
The EU Commission published several clarifications and additional information about the e-commerce VAT package that will be introduced in July 2021.