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Bahrain ‘set to increase VAT to 10%’

Bahrain is reportedly planning to double its standard VAT rate to 10% as it seeks to boost state revenue and tackle one of the Middle East’s most severe budget deficits. If it confirms the increase, it will become the second Gulf Cooperation Council (GCC) member

11 VAT changes announced this month

It’s important to keep up to date with the multitude of VAT changes announced by governments and tax authorities around the world every day. Here, we take a look at 11 of the most noteworthy updates confirmed so far this month: 1) UK VAT in

August 2021: 11 quick VAT updates

In our latest round-up of the weird and wonderful VAT changes to be made by tax authorities around the world, we’re covering everything from online piano lessons to parking at festivals. We recommend sharing these snippets with your team to ensure you’re not leaving anything

SAF-T coming to Romania: All the crucial questions answered

Romania has confirmed it is introducing obligatory SAF-T reporting, known officially as the D406 Informative Declaration, from January 2022. It joins a growing list of European countries to adopt SAF-T, including Poland, Portugal, Norway, Hungary and Austria. What is SAF-T reporting? SAF-T – or Standard

12 VAT rate changes announced in July 2021

It can be hard for any tax team to stay on top of the latest rate changes, which is why we’ve compiled 12 of the most important updates this month into a handy overview. Remember to share with your team! 1) Portugal The autonomous region