VAT news tagged as "VAT vouchers"

Europe

EU VAT on vouchers agreement

July 3rd, 2016

The EU has adopted an agreement on the VAT treatment of vouchers which will come into place across all member states by 1 January 2019 or sooner. The new directive covers: the definition of vouchers, including: retailer gift cards; price discount coupons; and pre-paid voice and data telephony cards. the different treatments of single and …


Europe

ECOFIN EU VAT report

December 17th, 2015

The EU’s Economic and Financial Affairs Council (ECOFIN) has passed its regular VAT update to the European Council. The latest update includes a number of VAT measures at the EU level, including: Plans for the introduction of a standard VAT return across the 28 countries are to be dropped after difficulties agreeing on the minimum …