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As the new tax year dawns, a number of countries have made changes to VAT and GST rates, rules and regulations. Here’s our quick guide to the top 10 updates announced so far this month: 1) Belgium Belgium’s reduced rate of VAT (6%) will apply
The low down on CT, in visual splendor. If the PDF below doesn’t show on your browser, view it here.
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There are many benefits of investing in a tax engine for VAT that can be accurately forecast, modelled and detailed within the business case you present to decision makers in your organisation. From saving human resources to ensuring accurate VAT determination in every jurisdiction in
A new VAT system that was introduced to cover online shopping purchases within the European Union (EU) has raised revenue of €1.9 billion in its first six months. New figures from the European Commission show member states benefited by the amount – equivalent to €3.8
From Turkey to Thailand and Singapore to South Korea, there has been a raft of new rates and rules announced by countries around the world in March. Take a look at the updates below – and remember to share them with your team. 1) Singapore
E-invoicing will become mandatory in Vietnam on 1st July this year, ending a decade-long scheme by the country’s government to find a solution to reduce VAT fraud. The introduction of compulsory e-invoicing was originally scheduled for July 2020 but was postponed. In October 2020, it
The value of customs duties paid by UK businesses increased by 64% to £4.5 billion in the 12 months to 31st January, revealing the full impact of post-Brexit rules on trade for the first time. One year on from the UK’s departure from the EU’s
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