Online market places – UK budget update
The Chancellor has announced measures to counter the growing problem of VAT fraud facilitated…
[CONTINUE READING]France – distance sales threshold
The distance sales threshold has been dramatically reduced from 100,000 Euros to 35,000 Euros.…
[CONTINUE READING]Switzerland – Extended scope for VAT registration for non-established businesses
Switzerlands Federal Council have decided that a provision that enabled the reverse charge mechanism…
[CONTINUE READING]Air France KLM EJEU Judgment
Airlines must account for the VAT if customers do not show up at the…
[CONTINUE READING]UAE poised to implement VAT
The proposed VAT system is slated to come into effect as early as 2018…
[CONTINUE READING]UK Insurance and ‘claims handling’ services – change in the air?
At the moment HMRC accept that business can exempt their supply of ‘claims handling’…
[CONTINUE READING]Belgium adopts legislation on chargeabilty of VAT
VAT on supplies of goods and services in B2B scenarios now becomes chargeable on…
[CONTINUE READING]11 November 2015 – Summary of VAT Rate Changes for the New Year
Austria moving from 10% to 13% Poland moving from 23% to 22% Romania moving…
[CONTINUE READING]26 October 2015 – VAT Exemption for Bitcoin
The European Court of Justice has ruled that the exchange of Bitcoin for legal…
[CONTINUE READING]5 October 2015 – Israeli VAT rate reduced
The standard rate in Israel has dropped from 18% to 17% as of 1…
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