VAT news tagged as "Control statement"

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 …

Czech Republic

Czech VAT changes

August 11th, 2016

The Czech VAT Act has been updated at the end of July 2016. The changes include: All non-resident VAT payers will now be administered by the Ostrava tax office. This is a switch from the Prague tax office from 1 Sept 2016 Introduction of the VAT reverse charge on domestic supplies to resident and non-resident …