Changes to Air Passenger Duty rates and filing deadlines

Air Passenger Duty (APD) is a duty of Excise which is levied on the carriage, from a UK airport, of chargeable passengers on a chargeable aircraft. It becomes due when a flight with chargeable passengers occurs and is payable by the operator of the aircraft. From 1 April 2013, the scope of APD widened resulting… Read More

Italian VAT increase to 22% from 1st October 2013

It has been confirmed only today that there will be a standard VAT rate increase from 21% to 22%. There are no changes to the lower rates of VAT. The late notification has been because of the uncertain political situation within the Italian Government.

Change to the rules in Germany affecting shippers of goods from Germany

From 1 October 2013, any business making intra EU dispatches of goods from Germany to another EU country must obtain and retain a certificate from the recipient that confirms that the recipient has received the goods. The German name for this type of certificate is the “Gelangensbestätigung”. Our advice to clients is to prepare for… Read More

Greece introduces VAT deferment scheme

Greece has followed many other EU member countries by introducing a VAT deferment / warehouse scheme to help attract importers and stimulate trade. The scheme will enable EU importers to bring in goods VAT free under certain circumstances. Importers may now avoid the cash flow problems of having to declare and pay Greek VAT at… Read More

New VAT invoice rules introduced in Bulgaria

From 1 January 2013 new VAT invoice rules were introduced in Bulgaria. The changes include: The obligation to comply with Bulgarian VAT disclosure rules by any domestic or foreign companies which provide taxable supplies in Bulgaria; Simplified invoices may be used for transactions below the local equivalent of €100; Companies must introduce adequate internal controls… Read More

Romania introduce new VAT return form

A new VAT return form has been introduced, including information specific to the cash accounting VAT scheme which was implemented with effect at 1 January 2013.