24 January 2025 Hungary - Reconciliation between real time reporting and VAT return Starting from January 2025 the Hungarian Tax Authority plans to compare data from the real time invoicing system with the VAT... Read more
24 January 2025 Bulgaria - Mandatory SAF-T Bulgaria is planning to implement a mandatory Standard Audit File for Tax (SAF-T) reporting starting from January 2026. The i... Read more
20 January 2025 Estonia - Parliament approves increase of standard VAT rate The Estonian Parliament has adopted the Security Tax Act, which among other measures includes increase in the standard VAT ra... Read more
20 January 2025 Estonia - Planned VAT changes due in 2027 Estonia - Planned VAT changes due in 2027... Read more
19 December 2024 EU VAT Gap increased in 2022 On 18 December, 2024, the European Commission issued a report outlining its findings on the VAT compliance Gap in the Europea... Read more
13 December 2024 Finland - Increase in the reduced VAT rate from 10% to 14%, effective 1st January 2025 The Finnish Government has approved an increase in the reduced VAT rate from 10% to 14%, effective 1st January 2025.... Read more
02 December 2024 France - VAT Reduction for Shoe and Leather Goods Repairs from 20% to 5.5% as of 1st January 2025. The French Parliament has approved a reduction in the VAT rate for shoe and leather goods repairs from 20% to 5.5%, effective... Read more
02 December 2024 Malta - Women’s sanitary products will be subject to a 0% VAT rate as of 1st January 2025. Malta - Women’s sanitary products will be subject to a 0% VAT rate as of 1st January 2025.... Read more
02 December 2024 Ireland - VAT Rate changes announced in State Budget for 2025 The Irish government has published the State Budget for 2025, which includes the following changes regarding VAT: ... Read more
18 November 2024 ITALY - new VAT penalties regime entered into force Starting from 1st September 2024, a new regulation regarding tax administrative penalties and payment infringements was intro... Read more
15 November 2024 Changes to EU place of supply rules for virtual events as of January 2025 From 1st January 2025, live virtual events will be taxable in the jurisdiction where the participants are established, bringi... Read more
13 November 2024 Cyprus - 0% VAT Rate for basic food and women's hygiene products has been reinstated as of 4th November 2024. The Cypriot Council of Ministers has decided to reinstate a 0% VAT rate on basic food items and women's hygiene products, eff... Read more