Czech Republic

Czech VAT rate cuts

April 8th, 2018

The Czech Ministry of Finance has proposed a range of changes to the classification of supplies from the standard 21% VAT rate to the reduced rate of 10%. These include: Supplies of catering services Public provision of water supplies Supplies of local services including barbers, household goods’repairs and domestic cleaning


United Kingdom

Digitisation of VAT Reporting

April 5th, 2018

European countries are increasingly demanding detailed electronic VAT transactional reporting from businesses to help them efficiently track tax due and reduce significant tax evasion. This includes: EU SAF-T; Making Tax Digital in the UK; live invoice reporting in Spain, Hungary and Italy; and Control Statements. Many countries have now introduced voluntary and mandatory transaction reporting …


Worldwide

VAT Reporting update 18.3.1

April 5th, 2018

Overview This release is a maintenance release of the VAT Reporting application for the month March. It includes changes to reports, modifications and bug fixes. Main changes in Reports We have improved the reporting of transactions with mixed flows on the PL, CZ and IT VAT Books. South Africa: standard VAT rate changed to 15% …


Czech Republic

Czech VAT 2019 update

February 27th, 2018

The following amendments to the Czech VAT have been proposed from January 2019: Adoption on new EU rules for the VAT treatment of vouchers. This includes the treatment of single use vouchers as being similar to advance payments with VAT due at payment. This contrast with multi-purpose vouchers, which may be potentially used at different stores …


Worldwide

VAT Reporting update 17.12.1

January 13th, 2018

Overview This release is a maintenance release of the VAT Reporting application for December 2017. It includes new reports for 2017 yearly filings and changes for 2018 and bug fixes. Main changes in Reports The following countries have been released for 2018: CY, LV, NL, SI, CZ, GR (GREZ), FI, AT, DE, EE, HU, LU, …


Worldwide

Avalara VAT Reporting content updates 01-06-2017

June 1st, 2017

Spain – VAT Reporting SII – Now available In this release, we have added the functionality to support the Spanish SII system of “Immediate Supply of Information” which comes into effect from the 1st July 2017. It applies to large companies, VAT Groups and members of the REDEME scheme and the tax authority has a test service …


Czech Republic

Czech VAT update

February 25th, 2017

There are to be a number of changes to the Czech VAT regime which will come into force on 1 April 2017.  These include: Introduction of the anti-VAT fraud domestic reverse charge in the construction sector Inclusion of assets on finance leases in the rules on VAT for fixed assets Changes to the rule on the …


Czech Republic

Czech bitcoin VAT fraud measures

February 6th, 2017

The Czech Republic has introduced a number of anti fraud measures on the trading of bitcoins. This includes making the buyer of goods or services with bitcoin liable to VAT due if their vendors fails to pay the VAT over to the tax authorities. The imposition of such a drastic measure may still be challenged …