Skip links

Author: Tom Witham

February VAT news: 10 updates from around the world

Following a raft of changes to VAT rates and regulations on 1st January, the opening weeks of 2024 have continued to see a plethora of indirect tax updates announced around the world. Here is our quickfire round-up of 10 of the headlines you need to

New EU rules introduced to tackle VAT fraud

Tax authorities will be able to more easily identify and crack down on VAT fraud following the introduction of new European Union (EU) rules. A new system of enhanced transparency came into force on 1st January 2024, allowing national tax administrations greater access to payment

Online platforms must share more tax data with HMRC

Online platforms in the UK are now legally required to report the amount of income sellers are generating via their systems, following the introduction of new HMRC rules that came into effect on New Year’s Day. Leading marketplaces such as Airbnb, eBay and Vinted are

Digital transformation: Spot the Difference

It’s an all-too-familiar scene. Your business is ready to embark on a digital transformation project, but the Tax Team is being left out of important meetings and unable to contribute to strategic decisions. To highlight the dangers of such a scenario, we’ve created a festive

Innovate’s 2023 VAT Crossword

Test your knowledge of the indirect tax landscape in our Christmas VAT crossword. From the details of the proposed ViDA reforms to your knowledge of everything from imports to VAT returns, we hope you enjoy the challenge!

Innovate Tax’s 2023 Big VAT Quiz of the Year

Welcome to our Big VAT Quiz of the Year; your chance to test your knowledge of all the news and updates from the indirect tax industry in 2023. From rate changes to regulatory revolution – not to mention a number of bizarre rulings – it’s