30 January 2015
From the 1st January 2015 the following VAT rate increases have taken effect:
- The standard rate increased from 15% to 17%
- The intermediate rate increased from 12% to 14%
- The reduced rate increased from 6% to 8%
- The super-reduced rate remains unchanged at 3%
LATEST NEWS
Sri Lanka defers non‑resident VAT on B2C...
Sri Lanka’s Inland Revenue Department (IRD) has announced a further deferral of VAT on digital services supplied through electronic platforms by...
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LATEST NEWS
Germany provides further guidance on how e-invoicing...
The German Ministry of Finance (Bundesministerium der Finanzen, BMF) has updated the e‑invoicing frequently asked questions on its website. The updated FAQs...
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LATEST NEWS
Slovakia proposing to extend domestic reverse charge...
Slovakia is considering expanding its domestic “reverse charge” VAT rules to certain higher risk services. The sectors reported to be in scope include IT...
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