Poland postpones the introduction of split payments to prevent VAT fraud

Poland recently announced that the introduction of the anti-VAT fraud split payments regime will be further delayed until 1 July 2018. Once introduced the split payment procedure will allow customers to pay the VAT amount of a sale directly into a special supervised bank account. The tax authorities can then make withdrawals directly from this… Read More

Update: UK to tackle e-commerce VAT fraud

The UK government has updated its plans to prevent VAT evasion committed by non-compliant, non-EU businesses that sell goods online in the UK and will now include the “Fulfilment House Due Diligence Scheme” (FHDDS), which will target fulfilment houses in an effort to get them to monitor their customers VAT compliance, in its early-autumn Finance… Read More

Poland proposes split payments to prevent VAT fraud

In an effort to prevent VAT fraud, Poland is considering introducing a voluntary VAT split payments regime from 2018. If introduced the split payment procedure will allow customers to pay the VAT amount of a sale directly into a special supervised bank account. The tax authorities can then make withdrawals directly from this bank account… Read More

Poland proposes further changes to prevent VAT fraud

A range of draft measures have been proposed by Poland in order to help reduce the growing problem of VAT fraud. If accepted these will be introduced from 1 January 2017 and will include: •    Increasing the annual VAT registration threshold from PLN 150,000 to PLN 200,000 for Polish resident businesses •    Transfer of most… Read More

Lithuania to introduce a VAT invoice register submission

In an effort to prevent VAT fraud the Lithuanian VAT authorities will require all VAT registered businesses to submit monthly online registers. They will need to detail all VAT invoices and transport paperwork relating to transactions that they have made in the country. The first report will be due for the period of October 2016… Read More