Norway

Norway scraps e-book VAT July 2019

October 11th, 2018

Norway is to set the VAT rate on electronic books and new journals at zero percent from 1 July 2019. The measure is contained within the 2019 Budget now in parliament. Supplies of e-books and electronic publications are today subject to standard 25% Norwegian VAT, although paper books and specific publications on paper have been subject …


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% …


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, …


Norway

Norway SAF-T delayed to 2020

December 31st, 2017

Norway is to introduce an on-demand mandatory Standard Audit File for Tax (‘SAF-T’) requirement for tax payers from 1 January 2020. The introduction of the electronic tax transaction data reporting had been scheduled for 2018. SAF-T has been a voluntary format for providing the Norwegian tax authorities with details of tax transactions since 2017. Norwegian …


Norway

Norwegian VAT on digital services

November 8th, 2017

Norway introduced VAT on electronic services (VOES) for non-resident companies in July 2011. This requires foreign providers of digital content and related services to VAT register in Norway as well as charge, collect and remit local VAT to the tax authorities. The Norwegian VAT regime on e-services follows the same principles as the EU VAT …


Norway

Norway SAF-T 2019 delay

November 6th, 2017

Norway looks likely to delay the January 2018 introduction of mandatory Standard Audit Files for Tax (SAF-T) until at least 2019. Currently, the production of Norwegian SAF-T files has been a voluntary obligation since January 2017. The plans were to make this mandatory from 1 January 2018.  Files would not be required with each VAT …


Norway

Norway SAF-T Jan 2018

October 25th, 2017

Norway is on course to introduce Standard Audit File for Tax (SAF-T) reporting obligations from 1 January 2018.  The detailed, electronic transaction reporting requirement, adopted across many European countries, will provide the tax authorities with details of VAT transactions for audit purposes.  Initially, companies will only be required to present SAF-T submissions to the tax authorities …