The new structure of the JPK_VDEK (SAF-T) uniform control file will replace the current JPK_VAT from 1 January 2019. It was only from the middle of next year (1 July 2019), however it could be used instead of tax declarations as stated by the head of the National Revenue Administration (NRA). Continue reading
Accounting system, accounts, VAT codes and customs clearance systems must be updated and make compatible with the new VAT return. This is necessary in order to extract figures specified according to the 19 items in the VAT return. Upgrade of the ERP is unavoidable.
The deadlines for submission and payment will remain unchanged. Continue reading
This new regime will allow tax payers who import goods into Spain to defer their VAT payments until they file their VAT return, rather than paying the VAT due at the same time as the customs duties. Additionally, the VAT credit will be accounted for at the same time. Continue reading
Companies selling goods as mobile phones, tablet PC’s, laptops, game consoles or integrated circuit devices (e.g. CPU’s) in the total value of Euro 10.000 or more have to apply reverse charge mechanism for local Dutch supplies as from 1 of April 2013. Reverse charge mechanism means that the purchaser has to account for the VAT due on the transaction in his own VAT return. Continue reading
As from 1 January 2013 electronic filing of VAT returns will only be possible with an authentication in Germany. Companies submitting VAT returns electronically have to register online at ELSTER (ELektronische STeuerERklärung) http://www.elsteronline.de/eportal to obtain the necessary electronic certificate before year end. Continue reading
The Tax Authority announced that as from 2013 VAT returns and EC Sales Lists for supply of goods and services will have to be filed electronically.
Of interest is also the fact that the applications for recovery of local VAT paid by non resident companies might be filed electronically as well.
Section 5, §3 of Belgian Royal Decree no. 7 provides the opportunity that the payment of VAT due on importation of goods can be shifted to the periodic VAT return. Instead of payment of the VAT to the Customs Authorities only declaration is done. Continue reading