25 May 2016
Greece has now confirmed the increase to their standard VAT rate from 23% to 24% will be implemented on 1 June 2016. They have also confirmed that the reduced VAT rates in the Greek Islands will be scrapped so the standard rate throughout Greece will be 24% from this date. This change is being implemented a month earlier than expected and has been introduced in an effort to improve their economic performance.
LATEST NEWS
Separate EORI number for Northern Ireland required
HMRC have recently confirmed that businesses who import and export goods from Northern Ireland (NI) will need a special Economic Operator Identification Number...
SEE MORE
LATEST NEWS
Ireland to introduce postponed accounting for import...
The Irish government have confirmed that a postponed accounting facility will be implemented for import VAT post-Brexit. This new mechanism will allow all...
SEE MORE
LATEST NEWS
Belgium force UK companies to engage a fiscal...
The Belgium tax authorities are contacting UK traders who hold a Belgium VAT account to inform them that they have a requirement to appoint a fiscal...
SEE MORE