VAT news tagged as "Annual VAT return"

Italy

Italian VAT filings changes

January 16th, 2017

Update 12 Jan 2017: Italy has ratified (Law Decree 193) to introduce extensive new VAT filing requirements from 1 January 2017. Quarterly VAT returns There is a new requirement for quarterly VAT filings. Currently VAT registered businesses only make monthly or quarterly VAT payments without supporting filings. The reporting deadline, whether VAT is due monthly or …


Italy

Italy annual VAT return due Feb 2017

January 5th, 2017

Italy has confirmed that the 2016 annual VAT will be due by 27 February 2017. The returns portal will be accepting filings from 1 February 2017. The return has been updated from last year to include the new VAT rates and domestic reverse charge rules Previously, the full return was due on the 30 September.


Germany

German VAT return filing change

December 22nd, 2016

Germany is proposing a range of measures (Bürokratieentlastungsgesetz II) to simplify the VAT compliance burden on small companies. These include: The annual VAT return will be due on 31 July of the year following the reporting year. The current requirement is 31 May. The penalty for missing this deadline will be 0.25% of the taxable …