VAT IT Reclaim Blog Posts

Australia cracks down on GST refund fraud

The Australian Tax Office is cracking down after discovering GST refund fraud. About 40 000 people received payments after submitting fraudulent

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Norway to replace electric car VAT exemption with special subsidy

Norway is eliminating the VAT exemption on electric cars. However, a new incentive to purchase electric vehicles is being devised. From 1 January

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Indonesia implements new crypto asset VAT rules

Indonesia has unveiled new VAT rules for crypto assets. Under Indonesian law, crypto assets are to be treated as commodities rather than currencies.  

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Oman to introduce e-invoicing

Oman’s tax authorities announced their intention to introduce e-invoicing. Authorities say that e-invoicing will initially be voluntary. Reports

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Income Tax vs. GST: How They're Different

What is GST tax exactly? GST, goods and services tax,  is a consumption tax that applies to a wide range of goods and services. Like value added tax

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GST Tax vs. VAT: What's the Difference?

Goods and Services Tax (GST) and Value Added Tax (VAT) are effectively two names for the same type of indirect tax. 

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Majority of UK retailers support an online sales tax

Most UK retailers support an online sales tax, according to new research. The survey of retail landlords and retailers found 89% of respondents back

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E-invoicing and VAT: How to prepare for the new compliance paradigm

VAT e-invoicing and real-time reporting are powerful weapons in the fight against fraud and tax evasion. We discuss why tax offices are turning to a

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GST on Travel Reimbursement: What to Know

If you’re unaware or asking, “what is GST tax and how can it be used on travel reimbursement?” - It’s simply goods and services tax levied in certain

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