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In our latest round-up of the weird and wonderful VAT changes to be made by tax authorities around the world, we’re covering everything from online piano lessons to parking at festivals. We recommend sharing these snippets with your team to ensure you’re not leaving anything
The world of tax moves at a rapid pace, which is why we aim to keep your tax team up to date with all the latest rates and rules from across the globe. In our latest update, we’ve got news of seven important updates from
Romania has confirmed it is introducing obligatory SAF-T reporting, known officially as the D406 Informative Declaration, from January 2022. It joins a growing list of European countries to adopt SAF-T, including Poland, Portugal, Norway, Hungary and Austria. What is SAF-T reporting? SAF-T – or Standard
With just two months remaining until the UK introduces a new VAT rate for the hospitality industry, we’re advising tax teams around the world to consider whether they are ready to implement and comply with it. If your organisation makes supplies within the hospitality sector
We recently hosted a webinar – From days to seconds: How Alteryx has transformed VAT reporting for Lumen – with our collaborative partner, Alteryx. As our most popular webinar to date, it’s perhaps no surprise that we were inundated with questions from attendees during the
It can be hard for any tax team to stay on top of the latest rate changes, which is why we’ve compiled 12 of the most important updates this month into a handy overview. Remember to share with your team! 1) Portugal The autonomous region
The UAE Cabinet recently confirmed several updates to the administrative penalties applicable to businesses that commit tax violations in the country. As part of the Cabinet Decision No.49, various concessionary measures have been introduced that will reduce the severity of penalties imposed on some taxpayers.
Tax authorities around the world continue to make amendments to VAT rates and rules, while others consider the introduction of new taxes, as they look to achieve key economic objectives. We’ve rounded up 10 of the biggest announcements from around the globe over the last
