Liam White, Author at VAT Digital

Intra-Community Supplies

by Liam White | Jun 21, 2023 | EU VAT

What are Intra-community Supplies Intra-community supply and acquisition are the names given when goods are sold and transported from one EU country to another, where both seller and buyer are VAT registered in different EU countries. This triggers two transaction, an...

VAT in the Digital Age – Proposed Reforms

by Liam White | Jun 21, 2023 | EU VAT

In December 2022 the European Commission (EC) published its proposals for VAT reforms under the ‘VAT in the Digital Age’ (ViDA) system. These proposals are due to come into place from January 2024, finally all being used in practice by 2028. Although these are yet to...

March 2028 – Proposed VAT Changes to the €150 Import Threshold

by Liam White | May 24, 2023 | EU VAT, IOSS

It has been proposed by the European Commission (EC) that changes are to be made to the €150 import threshold from March 2028. This would see the current arrangement for shipments over the value removed, with shipments of all values receiving the same treatment of VAT...

Intrastat Change of Thresholds 2023

by Liam White | Mar 2, 2023 | EU VAT

What Is Intrastat?Intrastate is the data collection system used for collecting statistics on the trade of goods between companies in two EU member states (B2B Sales).Intrastat returns are due to be filed in a member state, when the value of goods sold or purchased by...

Annual German VAT Return Extensions

by Liam White | Mar 2, 2023 | Germany

Following on from Covid-19, the German Tax Office have extended the due dates for Annual Returns due between 2020 and 2025. These dates vary depending if the company is Tax Advised. Previously, the annual return would be due by 31st July of the following year, however...