VAT news tagged as "VAT return"

France

France ends Saisonnier VAT returns

September 23rd, 2018

France has withdrawn the Saisonnier VAT reporting regime, which only required intermittent providers of taxable supplies to file VAT returns. Typically this was event organisers, large contractors and supply and install. Current Saisonnier registrations will be moved to quarterly returns from quarter 3, 2018. If a tax payers has an annual turnover above €4,000 per …


Netherlands

Netherlands pilot pre-completed VAT returns

September 16th, 2018

The Netherlands is running a pilot scheme to accept small entrepreneurs’ financial transactions online, and provide a completed draft VAT return for them to approve. The scheme has been running under the control of the Dutch Tax and Customs Administration for self-employed professionals. The first wave of filed returns have been judged a success and …


Uganda

Uganda VAT update

June 17th, 2018

The Uganda 2018/19 budget contains a range of VAT rule updates, including: VAT returns are due on 15thof the month following the reporting period end VAT exemptions have been extended to certain construction services Key taxpayers will be required to withhold VAT where their customers fail to properly VAT register. There will be a UShs 37.5 …


Italy

Italy delays VAT invoice listing

September 25th, 2017

Italy has extended the deadline for the submission of the VAT invoice listing.  This will now be due on 28 September 2017.  This is the first filing under the new Italian VAT compliance regime and covers the first six months of 2017. In addition to the quarterly VAT return, a quarterly invoice listing, Spesometro, is …


Saudi Arabia

Saudi Arabia releases VAT return

September 15th, 2017

Saudi Arabia has released details of its VAT return in time for the 1 January launch of the 5% tax. Businesses providing taxable supplies above SAR 40m are required to file monthly returns – otherwise quarterly.  The VAT return is due the last day of the month following the reporting period end The return includes …


Italy

Italy delays new VAT return

May 31st, 2017

Italy has announced that the deadline for the submission of the new quarterly VAT return has been extended to 12 June 2017.  The deadline was 31 May 2017. The new return requires VAT registered businesses – paying monthly or quarterly – to file a communication of VAT transactions each quarter.  It replaced the old regime …


Norway

Norway 2017 VAT changes

December 23rd, 2016

A number of VAT changes are to be introduced from 1 January 2017 in Norway. These include: Importers will be able to defer payment of import VAT by reporting the input and output VAT simultaneously in the following VAT return A new VAT return is to be introduced with a range of extra disclosures


Poland

Poland proposes ending quarterly VAT returns

October 21st, 2016

Poland has proposed eliminating the option for quarterly VAT filings for large tax payers. The quarterly option is available for any VAT registered business. However, any tax payer with a turnover in excess of PLN 5million per annum (large taxpayer) is required to make an advance payment. This advance is calculated as 1/3 of the prior …