The value of customs duties paid by UK businesses increased by 64% to £4.5 billion in the 12 months to 31st January, revealing the full impact of post-Brexit rules on trade for the first time. One year on from the UK’s departure from the EU’s

Ireland could become the next country to adopt mandatory digital tax reporting and e-invoicing for businesses. According to reports, the steps are being considered as part of a comprehensive modernisation of the country’s VAT system. B2B Issuing invoices in electronic format is not currently compulsory

From rate changes to new digital taxes, it’s already been a busy start to the month in VAT terms. Take a look at our quickfire round-up of 10 snippets of news from around the world and share them with your tax team. 1) Lithuania The

We may be just a couple of weeks into 2022, but there has already been a raft of important VAT updates, changes and proposals from around the world. To keep you up to speed at the start of the new year, here’s our rundown of

Christmas may be coming but there is no sign of tax updates slowing around the world. The first half of December has seen dozens of crucial changes made to VAT regimes – and here are our top 15: 1) Poland Poland has introduced a reduction

In a major change to the way import VAT is applied in France, the country’s tax administration has announced use of the import VAT reverse charge will become mandatory from 1st January 2022. What does this mean? When importing goods into France, businesses will find