23 December 2015
As previously stated in our October 2015 newsletter, the reduced VAT rate will increase from 8% to 10% as of 1 January 2016. This rate is currently applied to supplies such as hotel accommodation, public transport, cinema entrance and the state TV licence.
LATEST NEWS
France clarifies e‑invoicing and e‑reporting...
France has updated its enforcement rules relating to the September 2026 introduction of mandatory e‑invoicing and e‑reporting for VAT registered...
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LATEST NEWS
Spain confirms new timeline for the introduction of...
The Spanish Council of Ministers recently approved a Royal Decree mandating the use of electronic invoicing in all business-to-business (B2B) transactions...
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LATEST NEWS
EU member states push for the introduction of a €2...
The EU Council are currently negotiating the introduction of a €2 customs handling fee on low‑value imports (under €150), with an initial start date of...
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