Category: VAT

Switzerland to increase VAT rates from 2024 The Swiss authorities have announced an increase in all VAT rates from 2024. Following a public referendum that took place in September 2022, the government is going ahead with the approved general VAT…

If you’re thinking of starting a WooCommerce store or already have one, we’ve got the ultimate guide to make sure you’re compliant when selling online in 2023. We’ve just launched our new WooCommerce integration – making life easier for WooCommerce…

Poland adopts new package of VAT simplifications referred to as SLIM VAT 3 The so-called SLIM VAT 3 package was adopted in Poland with the intention to further simplify and modernise VAT compliance in the country. SLIM, which stands for…

France transfers VAT registration-related formalities to the INPI portal On 1 January 2023, the French government transferred all VAT registration, changes of company details and deregistration requests to the online one-stop shop of the INPI, the French National Institute of…

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…

New DAC7 reporting obligations for online platforms comes into effect On 1 January 2023, the DAC7 came into effect in the EU, making online platforms liable for reporting seller’s income on an annual basis. This new reporting requirement was adopted…

Belgium introduces new statutes of limitations, interest rates and makes changes to the application of the reverse charge mechanism With effect of 1 January 2023, the Belgian government introduced a number of measures impacting VAT. Firstly, the reverse charge mechanism…

VAT in the Digital Age proposals published by the European Commission In December 2022, a package of proposals on ‘VAT in the Digital Age’ were published by the European Commission. These proposals – which are yet to be adopted –…

British Columbia: Upcoming changes to PST collection for marketplaces Over the last few years, Canadian federal government and provinces have been introducing reform after reform to tax collection processes for ecommerce businesses.    British Columbia is the latest province to change…

As the original influencer platform, Instagram holds promise for modern entrepreneurs and business owners alike. With over 1 billion active monthly users and over 200 million of them visiting business accounts daily, the social media platform has become a popular…