“The extension of the MOSS and the special provisions concerning the obligations of electronic interfaces will enter into force on 1 July 2021 as IT systems need to be adapted or developed.
The EU Comission updated the document “guidance on customs issues related to the COVID-19 emergency”. Please find the link below.
https://ec.europa.eu/taxation_customs/sites/taxation/files/covid-19-customs-guidance-for-trade.pdf
Image source: http://unsplash.com
The UK has just announced a new UK VAT zero-rate effective from 1 May 2020 until 31 July 2020 for PPE.
https://www.legislation.gov.uk/uksi/2020/458/article/4/made
I would like to share some recorded VAT trainings with you. I hope you enjoy.
“Exotic” Swiss VAT topics (Net Tax Rate, Flat Tax Rate, Margin Taxation and Notional Input VAT): What are they and how do they work?
https://youtu.be/uZpVQ9ruO9E
“Services and German VAT: what kind of different services are there, when does a service become a supply of goods and can a service create an obligation to VAT register
https://youtu.be/i9o95i0A4Tw
Training: VAT Fixed Establishments in the EU: Change is the only constant…
https://youtu.be/DNf1PHVa62Y
I am pleased to provide you the link to our Digital Fitness App, which you can use free of charge from April to the end of July 2020:
https://store.pwc.de/en/digital-fitness-app
I hope you enjoy browsing and training.
Please find below new tax measures adopted by RDL 15/2020 within the frame of the COVID-19 crisis, in force as of 23 April:
As an effort to limit the impact of COVID-19, the Belgian government has introduced a temporary relief measure whereby certain goods imported into Belgium can benefit from a VAT and duty exemption.
For the purpose of collecting statistical data, businesses must declare intra-Community exchanges in the Intrastat system on a monthly basis; Operators are exempted if the annual amount of their intra-Community exchanges does not exceed EUR 200,000 for arrivals and EUR 150,000 for dispatches.
AUTOMATIC EXTENSION OF DEADLINES FOR TAX FILINGS:
Spanish Government has approved Royal Decree Law 14/2020, of 14 April 2020, which establishes an automatic extension of deadlines in case of SMEs (whose turnover volume has not exceeded 600,000 € in 2019) for the filing and payment of all tax returns (including VAT returns) with a deadline between 15 April and 20 May.
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The UK tax authority, HMRC, has announced that businesses which will struggle to meet deferred import duty and import VAT payments due on 15 April can apply to defer those payments. HMRC will be available over the Easter holiday weekend to deal with those requests. Affected businesses are urged not to wait until Tuesday 14 April, as HMRC anticipates delays following the Bank Holiday.
PwC Switzerland ITX
Michaela Merz 