EU VAT Directive changes for single VAT registrations, digital reporting requirements, and digital platforms’ VAT role

28 July 2022

The European Commission (EC) will publish details of major reforms to the VAT regime on 16 November 2022.

Known collectively as “VAT in the digital age”, these reforms aim to:

  • Simplify VAT registrations for specific cross-border business to consumer and business to business transactions by extending the One-Stop-Shop to include more types of supplies.
  • Introduce a blanket digital reporting requirement including live transaction reporting and e-invoicing, to prevent VAT errors and fraud.
  • Implement further requirements for digital marketplaces (electronic interfaces) to collect VAT on behalf of its sellers.

It's hoped that these reforms will help to reduce compliance costs for businesses and the tax authorities, and also cut the VAT Gap (the difference between the amount of VAT due and the amount of VAT collected in EU member states).

Are you trading globally? Whether you require basic VAT advice or specific VAT compliance support, Fiscal Solutions can help. Our team of multi-lingual experts are knowledgeable in all the different VAT rules in Europe and around the world.

We help you simplify today’s complexities and address tomorrow’s challenges. The values we represent, and our consistent advice, mean you can trust Fiscal Solutions to do the right thing – for you and your organisation.

Get in touch

Let us solve your current business VAT challenges


Polish Ministry of Finance issues new National...

The Polish Ministry of Finance recently announced a round of nine public consultations ahead of a newly proposed July 2025 launch date of KSeF B2B e-invoicing...

VAT news

UPDATE: Belgium confirms the introduction of mandatory...

During February 2024, the Bill legislating for mandatory B2B e-invoicing in Belgium was gazetted, confirming the introduction of an e-invoicing regime from 1...

VAT news

Senegal introduce VAT on e-services for non-resident...

During the 2023 Finance Act, the Ministry of Finance confirmed that from 1 April 2024 it will introduce VAT on the sale of digital services by non-resident...

VAT news

Gated Content

The following email providers are not accepted: gmail, hotmail, yahoo. Please use proper company email.