13 October 2015
In 2016 the VAT rate for accommodation services will increase from 10% to 13%. This change was originally scheduled to take place from 1 April 2016 but will now take effect from 1 May 2016.
If a prepayment has been made before 1 September 2015 in respect of accommodation services supplied between 1 May 2016 and 31 December 2017, there is a transitional relief which means the 10% VAT rate will continue to apply.
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
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
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