UPDATE: UK Making Tax Digital implementation

The UK tax authority (HMRC) recently provided an update on the progress made relating to the implementation of Making Tax Digital (MTD), due to begin on 1 April 2019. This update stated that they are making good progress with 35 software suppliers having stated that they will have software ready for the first testing phase… Read More

UPDATE: Italy to introduce B2B real-time invoice reporting from 1 January 2019

During July 2018, the Italian tax authorities announced that the new real-time invoice-reporting regime due to be implemented from 1 January 2019, will only apply to Italian resident taxpayers. As a result, non-resident Italian VAT registered businesses will not have to follow this obligation and will instead continue to file a Spesometro filing, a declaration… Read More

Uruguay imposes retrospective VAT on the supply of e-services

The Uruguayan tax authority recently confirmed that VAT at 22% is applicable on the sale of e-services to consumers by non-resident businesses in the country. Under previous legislation, non-resident businesses providing digital services in Uruguay did not have to charge VAT on their sales. However, in an effort to remove the unfair advantage that this… Read More

UK Making Tax Digital VAT consultation

The UK tax authority (HMRC) recently released draft regulations and VAT notices that relate to the April 2019 launch of the “Making Tax Digital” legislation. A pilot of the programme for taxpayers, agents and software providers is also scheduled to begin from April 2018. As stated in our previous article, when introduced businesses with a… Read More

Canada – Quebec announces remote sales tax plan

Quebec’s Minister of Finance has recently announced a ‘tax fairness action plan’ which if implemented will require non-resident suppliers of goods and services (including electronic services) in the Canadian province, to register and account for Quebec Sales Tax (QST) on their transactions. Quebec will now discuss this new plan with the Canadian federal government in… Read More

UK issue an overview of the “Making Tax Digital” legislation

The UK tax authority (HMRC) has recently issued an overview of the “Making Tax Digital” (MTD) legislation for VAT, which will come into effect from April 2019. From this date, businesses with a turnover greater than the VAT registration threshold of £85,000 will be required to use the system to provide summary tax data directly… Read More

India 15% Service Tax on foreign e-services

From 1 December 2016 the Indian Government will impose a service tax at 15% on the sales of e-services to consumers in the country. At present, non-resident businesses providing digital services in India do not have to charge service tax on their sales.  However, in an effort to remove the unfair advantage given to non-resident… Read More

UK vote to leave the EU, so what happens now?

On 23 June 2016 the UK public voted to leave the EU. With the withdrawal process likely to begin in September or October 2016 and the possibility of at least 2 years’ worth of negotiations to undertake with the EU in order to leave, there is likely to be no change or effect to the… Read More