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

The digitalisation of tax has been identified as the driving force behind a 38% reduction of the VAT gap across the European Union (EU). New data from the European Commission reveals member states recorded around €61 billion in lost VAT revenues in 2021 – down

A major overhaul of Brazil’s taxation system has been approved by the country’s Senate in a move that will see five existing taxes replaced with two new indirect taxes and a significant simplification of its tax code. In an historic vote last Wednesday (8th November),

Political sign-off for the new VAT in the Digital Age (ViDA) reforms will not take place this year, meaning a delay to at least one of the three pillars that form the proposal. With the European Commission yet to find a resolution to negotiations over

As we enter the final quarter of 2023, many tax authorities continue to impose new rates and rules on a range of goods and services. Meanwhile, many more announcements are being made regarding changes due to be implemented in the new year. Here’s our latest

With food inflation in the eurozone running at 10.8% in August and inflation continuing to cause economic waves across the world, it’s no surprise that many governments are using VAT as a tool to combat rising prices. Here’s our round-up of some of the changes

The European Union’s (EU’s) two largest economies – France and Germany – have recently announced they will be delaying the implementation of mandatory B2B e-invoicing regulations. While both countries remain on track to roll out e-invoicing for all B2B transactions, businesses will now have at