This week, HMRC extended its UK VAT rate cuts on hospitality and tourism to the 31 March 2021. Originally the VAT rate cut would be granted till 13 January 2021 but will now be extended
Foreign businesses may be liable to provincial sales tax in Canada. However, because the legislation is changing quickly and it’s not at a national level, keeping track of how you’re meant to remain compliant is
HMRC’s New VAT Treatment of Overseas Goods Sold to UK Customers July 2020 saw HMRC’s release of its new VAT treatment of overseas goods arriving into Great Britain. This new model is required because the
Better Late than Never: Ireland cuts VAT rate from 23% to 21% As the saying goes, “Better late than never”. The Irish government has dropped VAT rates and introduced new measures to stimulate the economy
Indonesia to introduce 10% VAT on Digital Services Indonesia is imposing a 10% VAT rate on digital goods and services from July 1 2020. The VAT will be collected by non-resident entities who are selling
Chile introduces 19% VAT on Digital Services From the 1st June 2020, Chile will impose 19% VAT on digital services sold by non-resident businesses to Chilean nationals. The rollout means that foreign digital service providers
Germany has reduced its standard VAT rates from 19% to 16% and from 7% to 5% for the period of 1 July to 31 December 2020. Although this provision will cost Germany €20 million Euros,
The European Commission released a statement on Friday 7th May that it proposes to postpone entry into application of the VAT e-commerce package by 6 months. The EU commission hopes this will ease the pressure
The Covid-19 virus is affecting almost every area of business and the VAT implications of Covid-19 are no different.
Mexico has joined the growing number of companies to implement VAT on eCommerce and digital services that are provided to Mexican residents by non-resident businesses.