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TAX MAG: VAT news in Europe

Keep up with the latest Intra-Community and European VAT news, decoded by our experts.

As per its European neighbours, Switzerland is intensifying its efforts to fight against VAT fraud, especially in the e-commerce industry. Starting from January 2025, new regulations will be implemented with…

Spain : reconsideration of short-Term Tourist’s VAT rate

As in various EU Member States, the Spanish Government is considering a new approach to the VAT treatment of short-term accommodation rental services, as there is an increasingly widespread practice in many Spanish cities. The proposition would eliminate the VAT exemption for local short-term accommodation rental services. The main objective is to ensure a level-playing...
1 July 2025

Bulgaria meets criteria to join the eurozone on 1st January 2026

On June 4, 2025, the European Authorities concluded that Bulgaria is ready to adopt the euro as of 1st January 2026. This assessment is set out in the 2025 Convergence Report, which finds that Bulgaria fulfils the following 4 conditions: Price stability ; Sound public finances ensuring a sustainability ; Exchange-rate stability demonstrating that a...
Country Briefs
1 July 2025

HMRC updated its notice regarding refunds of UK VAT for foreign businesses

The change relates to VAT notice 723A. The main changes are : Refund applications sent by post now only require copies of documents rather than original copies ; Certificates of status are exceptions and original copies still required but will not be returned to companies ; Several sections were renumbered with minor wording improvements to...
1 July 2025
Find out why using a tax representative is essential for managing your tax and customs obligations.

Slovenia: VAT changes on beverages and beverage preparations

As of January 1, 2025, the Slovenian tax authorities have clarified the VAT rates applicable to beverages and beverage preparations. Certain products no longer benefit from the reduced VAT rate and are now subject to the standard rate of 22%. Sugar syrups: Syrups and beverage preparations containing sugar or sweeteners. Sweetened beverages: All beverages with...
Country Briefs
22 January 2025

Poland: modification of INTRASTAT thresholds

The Polish INTRASTAT thresholds have been modified: Basic threshold for arrivals: PLN 6,000,000 Basic threshold for shipments: PLN 2,800,000 Detailed threshold for arrivals: PLN 105,000,000 Detailed threshold for shipments: PLN 158,000,000
Country Briefs
19 December 2024

Slovenia: VAT Group

Starting January 1st, 2026, Slovenia plans to introduce the possibility of a single VAT return for affiliated companies (VAT group scheme).
Country Briefs
19 December 2024
An EORI number is essential for any company importing or exporting from the European Union, in order to carry out the necessary customs procedures.

Poland and cannabis

Poland increases VAT rate to 23% on hemp-based products. “Medical marijuana,” however, remains taxed at 8%.
Country Briefs
10 December 2024

Malta: new VAT rate

From January 1st, 2025, the Maltese government is introducing a 0% VAT rate for feminine hygiene products and medical accessories used in the treatment of cancers affecting women.
Country Briefs
4 December 2024
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