Category: VAT rates

SimplyVAT.com’s Consultancy Team helps business claim €1m VAT refund  When the new schemes were introduced in 2021, some businesses may have found it difficult to decipher whether they were registering for the correct one. The MOSS expanded into the OSS…

Changes to Spanish VAT rates for food & feminine hygiene products As part of its Budget 2023 Law, the Spanish authority approved the zero-rating of foodstuffs in the country. In addition to this, the reduced VAT rate of 5% will…

Switzerland to increase all VAT rates from 1 January 2024 As a result of a referendum held by the Swiss authority in September 2022, the VAT rates will be increased in the country from 1 January 2024. Under these changes,…

Italy postpones sugar tax and plastic tax As part of its Budget Law for 2023, Italy has postponed the entry into effect of both its upcoming sugar and plastic tax. Previously scheduled to come into effect from 1 January 2023,…

Italy reduces the VAT rate on certain products The Italian Budget Law for 2023 introduces several changes to VAT rates in the country. As such, the supplies of feminine hygiene products are now subject to the super-reduced VAT rate of…

Spain targets single-use plastic packaging with a new tax A new tax on non-reusable plastic packaging came into effect in Spain on 1 January 2023. This tax essentially targets non-reusable plastic packaging and will impact manufacturers, importers and most businesses…

Lithuania increases VAT fines from 1 May 2023 The Lithuanian government recently adopted changes which will increase the fines applicable to unreasonable VAT breaches. Taking effect as of 1 May 2023, VAT fines will be increased from a range of…

UK introduces a new penalty regime as of 1 January 2023 The new penalty regime works as a points-based system and applies to VAT accounting periods starting on or after 1 January 2023 only. This means that any VAT periods…

Poland has temporarily reduced VAT rates to help combat rising inflation. Take a look to find out the new VAT rates.

Shopify VAT: A Guide to Compliantly Selling Cross-Border If you’re selling online with Shopify, we’ve compiled the ultimate guide to keeping your Shopify store VAT compliant in 2022. Shopify today is one of the most popular ecommerce platforms. Back in 2004,…