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 …


France VAT fraud software 2018

September 16th, 2017

France is proposing to impose the obligation for French registered companies to use certified VAT software on B2C cash and credit transactions from 1 January 2018. The will include a requirement to use licensed and secure point-of-sale  (e.g. cash registers). Any infringement of the obligations could result in a fine of up to €7,000 per infringement. …


French new VAT software obligations Jan 2018

May 26th, 2017

France has introduced anti-VAT fraud software requirements which are to be implemented from January 2018.  This includes using certified, secure software for recording all customer payments – including cash registers. VAT registered businesses selling B2B and B2C will need to track cash, cheque, credit and transfer payments.  The requirements apply to bought-in software and in-house …


France VAT fiscal representative

April 5th, 2017

France has updated the list of non-EU countries whose businesses are required to appoint a French fiscal representative if they are French VAT registered. Argentina has been added to the list – meaning Argentinian companies or sole traders etc. VAT registered in France must now appoint a local tax representative.  A range of new countries …


Avalara VAT Reporting content updates 15-02-2017

February 15th, 2017

France: The Tax Authority has just announced changes in the 2017 VAT return; therefore, in this release we have updated the mapping within VAT Reporting in order to reflect these changes. Since France was no longer a blocked country, clients should redeliver their data starting 1/1/2017. This is effective for transactions linked to distance sales …


France raises VAT registration threshold

February 14th, 2017

France has increased the annual VAT registration threshold to €33,200 from €32,600 per annum.  The new threshold applies from 1 January 2017. This applies only to resident companies.  Non-resident companies have a nil threshold, and must register, if required, as soon as they make taxable supplies.  The exception to this is distance selling, whereby B2C …


New Caledonia introduces Consumption Tax

February 2nd, 2017

The Pacific French territory of New Caledonia is to introduce a General Tax on Consumption (TGC). It follows the principles of VAT, including the ability for businesses to recover an input TGC through the production chain. Final implementation date will be 1 July 2018 – although there will be a limited trial period from 1 July …


French VAT 2017 changes

January 8th, 2017

France has updated its VAT code for 2017 with a number of changes. Paper-based sales and purchase invoices may now be transferred to digital-only storage instead. The reduced 5.5% VAT rate is now applicable to a range of social housing, construction and property activities The VAT import reverse charge provision has been modified, requiring a …