Bulgaria have amended their VAT registration rules for taxpayers
Month: September 2019
Currently both resident and non-resident businesses operating in Bulgaria must register for VAT once they exceed BGN 50,000 (£22,000) in taxable supplies within a year.
The Portuguese Tax & Customs Authority (PTA) have announced the buying or selling cryptocurrency in Portugal is a tax-free transaction.
In contrast to the United States, the Portuguese Tax & Customs Authority (PTA) have announced the buying and selling cryptocurrency in Portugal is tax-free, and therefore not subject to capital gain taxes or VAT.
In a surprising and somewhat last minute change, HMRC has announced they are postponing the intended implementation date of 1st October 2019, which was planned to be the start of the new regulations for the Reverse Charge Mechanism for constructions services.
New regulations concern an amendment to the VAT Act, with new rules when it comes to deleting companies from the VAT taxpayers register.
As you can imagine, there is a lot of uncertainty regarding what happens if there is a ‘No deal’ Brexit at the end of October.
The results of a lengthy study released by the European Commission highlight EU countries lost €137 billion in Value-Added Tax (VAT) revenues in 2017.
In the event the UK withdraws from the European Union on October 31st without a withdrawal agreement (a no-deal Brexit),companies which are established in the UK and have obtained a Tax Identification Number (VAT Registration Number) for VAT purposes in Greece..