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VAT legislation News




Singapore Updates Guidance On 2020 GST Reverse Charge Change

by Mary Swire, Tax-News.com, Hong Kong

Friday, August 30, 2019

The Inland Revenue Authority of Singapore has updated its guidance on the introduction from January 1, 2020, of an obligation on Singaporean taxpayers to collect GST on imported services under a reverse charge. Read Full Story

 


Oman Says VAT Not On The Backburner

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, August 8, 2019

Oman's Government has released a statement confirming that it is preparing to introduce VAT legislation into parliament to implement the levy without delay. Read Full Story

 


Polish Lower House Approves VAT Split Payment Rules

by Ulrika Lomas, Tax-News.con, Brussels

Thursday, July 25, 2019

On July 19, 2019, the lower house of the Polish parliament, the Sjem, approved legislation to introduce a mandatory value-added tax split payment mechanism on certain supplies and to reduce rates of VAT on numerous goods and services, including electronic publications. Read Full Story

 


Poland Launches Consultation On VAT Split Payment Mechanism

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, June 5, 2019

On May 16, 2019, Poland's Ministry of Finance launched a public consultation on proposals to introduce a VAT split payment mechanism on a mandatory basis for certain suppliers. Read Full Story

 


Indian GST Council Endorses GST Rate Changes For Housing

by Mary Swire, Tax-News.com, Hong Kong

Thursday, March 14, 2019

India's GST Council has decided on a number of goods and services tax regime amendments to boost the availability of affordable housing in the country. Read Full Story

 


Ireland To Allow Firms To Postpone Accounting For Import VAT

by Jason Gorringe, Tax-News.com, London

Tuesday, February 12, 2019

Ireland's Finance Minister, Paschal Donohoe, on February 6, 2018, confirmed that the Government proposes to introduce a system of postponed accounting for VAT should there by a no-deal Brexit. Read Full Story

 


UK Legislates For Postponed Import VAT Accounting

by Jason Gorringe, Tax-News.com, London

Tuesday, February 5, 2019

The UK Government has published, and tabled before the House of Commons, The Value Added Tax (Accounting Procedures for Import VAT for VAT Registered Persons and Amendment) (EU Exit) Regulations 2019. Read Full Story

 


Italy Lists Companies Covered By VAT Split Payment Regime

by Ulrika Lomas, Tax-News.com, Brussels

Monday, January 21, 2019

The Italian Department of Finance has released new lists of government and private sector entities covered by Italy's split-payment mechanism. Read Full Story

 


EU VAT Changes On Vouchers To Take Effect

by Ulrika Lomas, Tax-News.com, Brussels

Friday, December 28, 2018

Significant changes to the way that businesses should account for value-added tax on vouchers will become effective on January 1, 2019. Read Full Story

 


UK Legislates To Close Insurance VAT Loophole

by Jason Gorringe, Tax-News.com, London

Friday, December 21, 2018

On December 11, 2018, the UK Government tabled The Value Added Tax (Input Tax) (Specified Supplies) (Amendment) Order 2018 before the House of Commons to close a VAT avoidance loophole that is exploited by some UK insurers. Read Full Story

 

 

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