This month has seen hundreds of new changes made to VAT regimes across the world. Here is our round-up of 10 of the most notable updates: 1) Bulgaria The threshold for registering for VAT in Bulgaria is being increased. The National Assembly has confirmed the

VAT has emerged as one of the major tools at the disposal of the European Union (EU) as it looks to tackle the rising cost of living crisis across the continent. With so many rate changes confirmed or reportedly under consideration, we’re asking tax professionals

As the price of fuel increases across the world and inflation surges in many countries, tax authorities are responding by leveraging VAT to minimise the economic damage. Here’s a quick roundup of 15 tax snippets we’ve spotted so far this month: 1) Tanzania Tanzania could

Serbian tax authorities have confirmed a number of key details about the country’s adoption of the Sistem E-Faktura e-invoicing regulations, which has now come into effect. Adhering to the rules of the E-Faktura system will now be a legal requirement for all businesses from the

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

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