Key changes by country • Bulgaria o Arrivals : the reporting threshold will increase from BGN 1,700,000 in 2025 to BGN 1,760,000 o Dispatches : the reporting threshold will increase from BGN 2,200,000 to BGN 2,250,000 • Cyprus o Arrivals : the reporting threshold will rise from EUR 350,000 in 2025 to EUR 380,000 o...
The European Parliament has approved amendments to the applicable VAT rates for the tourism, transport, cultural services and publishing sectors. Here’s what will change: – The reduced VAT rate will increase from 9% to 12% starting 1 January 2026. This new rate will apply to accommodation, scheduled passenger transport (including luggage) and admissions to artistic...
The Finnish administration has updated the introduction and shipment thresholds for INTRASTAT declarations in 2023: The threshold for the introduction is raised from 280,000 euros to 500,000 euros. Shipping threshold increased from 200,000 euros to 300,000 euros
From August 1st 2019, Lithuania has introduced a temporary reverse charge system for sales of mobile phones, tablets, laptop computers and hard drives that will be in force until 28th February 2022.
