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

From Turkey to Thailand and Singapore to South Korea, there has been a raft of new rates and rules announced by countries around the world in March. Take a look at the updates below – and remember to share them with your team. 1) Singapore

E-invoicing will become mandatory in Vietnam on 1st July this year, ending a decade-long scheme by the country’s government to find a solution to reduce VAT fraud. The introduction of compulsory e-invoicing was originally scheduled for July 2020 but was postponed. In October 2020, it