Worldwide

VAT Reporting v18.7.1

July 27th, 2018

Overview This release is a maintenance release of the VAT Reporting application for the month of July. It includes changes in reporting documents, SII improvements, modifications in VAT Reporting and bug fixes. Rate changes GREZ regions – Leros, Lesbos, Kos, Samos and Chios: The reduction in the three rates for the Greek Islands have been extended until …


Worldwide

VAT Reporting v18.6.1

June 29th, 2018

Overview This release is a maintenance release of the VAT Reporting application for the month of June. It includes changes in reporting documents, SII updates, modifications in VAT Reporting and bug fixes. Main changes in reports Spain:The Modelo 353 Group Return (PDF) has been added, a consolidated form that is to be submitted by the …


Spain

Spain Canary Islands SII reporting Jan 2019

May 4th, 2018

Spain’s Canary Island VAT registered businesses will become subject to the real-time invoice reporting requirements, Suministro Inmediato de Informacion (‘SII’), from 1 January 2019. Since 1st July 2017 the Spanish Tax Authority has required that mainland large companies (over €6 million turnover per annum), VAT groups and reporters using REDEME make SII submissions. These submissions must be …


Worldwide

VAT Reporting update 18.4.1

May 1st, 2018

Overview This release is a maintenance release of the VAT Reporting application for the month April. It includes changes to reports, modifications and bug fixes. Main changes in Reports Spain – Immediate Filing (SII) We have started to implement changes to support filing of SII V1.1, which will be available from 1st July 2018. Please …


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 …


Spain

Spanish SII update July 2018

March 31st, 2018

Spain is planning modifications to its near live VAT transaction reporting regime, Immediate Supply of Information or SII. Since 1 July 2017, SII reporting obliges qualifying businesses to summit relevant invoices within four days of issuance or receipt. It is only required from ‘large’ taxpayers (above €6m turnover per annum), entities in VAT groups and companies …


Spain

Spain SII (Immediate Information Supply) update

March 3rd, 2018

The Spanish regime for near-live reporting of invoices, SII (Immediate Information Supply), is to be modified from 1 July 2018. The system was first introduced on 1 July 2017, requiring all large-sized (over €6million turnover per annum) VAT registered businesses to e-report invoices within 4 days of their issuance. The changes include: Provision for companies which …


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, …