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

E-invoicing is the talk of the finance fraternity right now, but what does 2024 have in store for tax teams seeking to ensure compliance with all the latest regimes and rules? We've provided a quick round-up to 10 countries where e-invoicing is very much on

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

A new year means a new wave of rate and rule changes for VAT, GST and other indirect tax regimes around the world. Here is our quickfire round-up of 24 of the most important updates for your diary in 2024. DATE 01/01/24 01/01/24 01/01/24 01/01/24

Businesses importing goods into Turkey will no longer be able to deduct import VAT in certain circumstances following a new presidential decree. The decree was published in the Official Gazette and states that deductions made under some trade policy measures are no longer valid. It

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

The UK’s European Scrutiny Committee (ESC) has responded to the European Union’s (EU’s) proposed reform of the import One Stop Shop (iOSS), highlighting the possibility that GB businesses selling in the bloc could be affected. In May 2023, details of a potential expansion of the

With 2024 only 41 days away, we’re taking a look at some of the indirect tax rate changes due to come into effect on 1st January. These rate changes have all been confirmed or approved in parliament and must be applied on all transactions from