Reduced quarterly filing of EC Sales Lists threshold will start in January 2016

18 November 2015

From 1 January 2016 the threshold for the quarterly filing of EC Sales Lists will be reduced from €100,000 to €50,000.  This means that any businesses that exceed the new €50,000 threshold will need to submit their EC Sales Lists on a monthly basis. This change is as a result of a request from the European Commission who stated that the current threshold is not in accordance with EU VAT legislation.

LATEST NEWS

Belgium approves draft law for near-real-time...

July saw the Belgian Council of Ministers approve a preliminary draft law to introduce near-real-time electronic reporting of certain invoice data to the tax...

SEE MORE
VAT news
LATEST NEWS

Luxembourg proposes the introduction of electronic...

This month Luxembourg’s Government approved a draft law to introduce mandatory structured business-to-business (B2B) e-invoicing for domestic transactions...

SEE MORE
VAT news
LATEST NEWS

Germany's action plan signals move toward...

Germany has announced a 26-point “Action Plan” against tax and financial crime, which aims to increase detection risk, strengthen enforcement, and improve...

SEE MORE
VAT news

Gated Content

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