VAT IT Reclaim Blog Posts

New Zealand - GST invoicing changes from 1 April 2023

During 2022, GST-registered businesses in New Zealand experienced several changes concerning invoicing and recordkeeping requirements. However,

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New VAT treatment for virtual events

New place of supply rules have been clarified for interactive virtual events. In essence, these changes apply to all interactive virtual events or

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UK businesses prepare for new penalty regime in 2023

Penalties and late fees for VAT submissions and payments aren’t anything new. However, as of 1 January 2023, HMRC will introduce a new penalty

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Registration threshold increase for the Czech Republic

The Minister of Finance of the Czech Republic has proposed an amendment to the VAT Act, which included significant changes that affect the VAT

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Uber settles £615m in outstanding VAT

Settling a £615m bill in back tax may seem excessive. However, due to a lack of proper VAT treatment and recent court rulings, that's exactly how

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Singapore breaks 15-year GST rate consistency

In Singapore's 2022 Budget, the Minister of Finance confirmed that the tax on goods and services (GST) will increase starting 1 January 2023. This

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Mandatory B2B e-invoicing approved in Spain

Spain has formally approved mandatory B2B e-invoicing for all businesses. The e-invoicing mandate will come into full effect by July 2024 for large

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The Final Verdict: EU VAT Treatment of Fuel Cards

On October 21, 2022, the EU Commission Servicesreached new conclusions regarding the VAT treatment of fuel cards. This discussion was prompted after

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EU VAT Cuts on Fuel and Energy to Combat Inflation Rate

Germany, Spain and The Netherlands are experiencing a significant decrease in VAT rates on energy and fuel costs, and all the more EU member states

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