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Author: Tom Witham

Our top 10 tax snippets for May

It’s been another busy month in the tax world, full of rate changes, new legislation and VAT exemptions. Check out the 10 snippets we’ve picked out as ones you can’t afford to miss in May: 1) Bulgaria A temporary VAT break on heating and bread

EU seeks to improve VAT collection: What’s coming next?

A raft of new measures designed to reduce the VAT gap and clamp down on businesses that avoid collecting and submitting accurate VAT revenues have been proposed. The European Commission has published a new report in which it states its commitment to helping member states

10 top tax updates this April

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

VAT on online shopping generates €1.9bn in 6 months

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

Mandatory e-invoicing coming to Vietnam

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