23 December 2015
The EU Commission have agreed that Hungary can apply a new domestic reverse charge to the supply of staff. This mechanism will allow customers to account for the VAT on the transactions in their own VAT reporting, meaning that the supplier does not charge VAT to their customers. Usually this mechanism is used as a means to try to eliminate VAT fraud.
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E-invoicing hub
Navigating complexity and preparing for the digitalisation of VAT and the future of tax Following compromises and modifications to the original proposal, the...
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EU finance ministers agree to introduce new customs...
In November, the Economic and Financial Affairs Council (ECOFIN) agreed to introduce a customs charge on low-value parcels valued below €150. The charge...
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UPDATE: Swiss government confirms likely delay for the...
The Swiss tax authorities have confirmed that the increase in the standard VAT rate from 8.1% to 8.8% will now be postponed until 2028. This VAT rate increase...
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