VAT return portal updated in Dutch tax authority  In 2022 Dutch VAT returns need to submit via a new Portal. These changes only impact those businesses registered in the Dutch Chamber of Commerce. So foreign VAT registered companies without a permanent establishment are not yet impact. This online portal (Belastingdienst Zakelijk) for amongst others, is […]

Import VAT reverse charge in France Import VAT reverse charge mechanism will mandatorily declare in the French VAT returns. It will start from January 2022. The French tax authority announced that all import tax payer will be compulsorily declare import goods under reverse charge mechanism. The French VAT return based on the reverse collection mechanism. This

Making Tax Digital for VAT: Is Your Business Ready? Making Tax Digital (MTD) for VAT has transformed the way VAT-registered businesses maintain records and submit VAT returns to HMRC.  MTD has become a key part of the government’s strategy to modernise the UK tax system and improve tax compliance. If your business is VAT registered.

UAE VAT Compliance for ecommerce business  VAT on ECommerce sellers The UAE Federal Tax Authority has clarified the UAE VAT compliance that apply to ecommerce transactions. The FTA discuss the tax rules for ecommerce in UAE during workshop for accredit tax agents. During the workshop, participants’ questions about the tax treatment of the ecommerce sector

Autumn budget and spending review 2021: What you need to know On 27 October 2021, the Chancellor of the Exchequer, Rishi Sunak, delivered the UK’s Autumn Budget. In his Budget speech, Mr Sunak set out the government’s tax and spending plans for the year ahead, outlined measures of universal credit, a rise in the minimum wage,

What is VAT regulations of movement of goods in Cross Border in EU A brief refresher on the new regulations selling in Europe amazon. The VAT digital package for cross-border ecommerce affects merchants. VAT for all The new regulation is primarily aim at establishing tax fairness. Goods from outside the EU are now subject to

UK VAT penalty system for late submissions UK VAT penalty for late VAT submissions, the UK (HMRC) tax authorities are establishing a new penalty system. (The system also applies to Self-Assessment Income Tax and will be extended to other taxes in the future). If a taxpayer misses a VAT filing or payment date. They will

Start selling on Amazon Europe  Amazon is an ecommerce giant. It is a platform that offers colossal reach, and importantly, massive potential for selling on Amazon UK to reach a vast audience in Europe by utilising the opportunity to sell across six countries. Selling on Amazon Europe is big business. You are probably already selling

Increase on dividend and national insurance rate in the UK The government plans to increase dividend tax by 1.25 percentage points. Which means investors will have to pay more on the money they get from owning company shares.  The announcement, made on 7 September, came alongside proposals for a 1.25 percentage points change in National