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Main facts about the One-Stop Shop (OSS) scheme

WebFacts about OSS. OSS came into effect 1 July 2021. A threshold of 10 000 EUR will apply for all EU countries. The 22 EUR VAT exemption is removed. On every imported good or …

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Visto di Conformita

WebThe Italian VAT refund can significantly impact a company’s financial health by injecting recovered funds back into operations, enhancing cash flow, and potentially improving …

Category: Health Go Health

Belgium: Import VAT exemption on medical supplies extended …

WebGiven the long-term risk that the coronavirus poses to Belgium’s public health,the Belgian Federal Public Service-Finance stated that the import VAT exemption on medical …

Category: Coronavirus, Medical Go Health

The Spanish government extends the super-reduced VAT rates of …

WebThe Spanish Ministry of Finance (MoF) announced that the super-reduced VAT rate of 4% on disposable surgical masks and 0% VAT rate for the importation of medical supplies to …

Category: Medical Go Health

Egypt started to implement ACI Cargo Pre-Registration System, a …

WebThe Egyptian government started to implement a new customs procedure ACI Cargo Pre-Registration System which requires importers to provide shipment data electronically at …

Category: Health Go Health

Slovakia: New obligations for taxpayers as Slovak Parliament …

WebOn December 1, 2021, the HMRC updated regulations helping customs procedures to operate efficiently and facilitate the movement of goods between the UK and EU. …

Category: Health Go Health

VAT Rates in Hungary

WebThe word “taxable supplies” pertains to the supply of goods and services subject to a VAT rate, including the zero rate. In Hungary the VAT rates are as follows: …

Category: Health Go Health

VAT Rates in Spain

WebIn Spain, there are three VAT rates: standard, reduced, and super-reduced. The standard VAT rate is 21%, covering most goods and services and the reduced rate …

Category: Health Go Health

Netherlands: Government pushes VAT exemption for Fruits and …

WebIt is challenging to define unprocessed and processed fruits and vegetables (e.g., washed, packaged, cut, and/or peeled apples). NGOs are urging the European Council to cut VAT …

Category: Health Go Health

Ghana's Budget Statement and Economic Policy for 2022 Financial …

WebKey changes relating to VAT include: extending the VAT relief to local textile manufacturers for additional two years, reviewing the existing VAT Flat rate scheme in the year 2022, …

Category: Health Go Health

Vietnam MOF seeks comments on proposal to amend special …

WebThe Vietnamese government is proposing revisions to the Law on Special Consumption Tax (Luật thuế tiêu thụ đặc biệt or TTĐB) to expand the tax base, restrict the import, …

Category: Health Go Health

Singapore: The GST hikes for the first time in 15 years, from 7% to …

WebThe Goods and Services Tax (GST) hike was announced back in 2018 but the government postponed it until 2023, staggering it in two phases as the Finance Minister Lawrence …

Category: Health Go Health

Latvia: Parliament approves 5% reduced VAT rate on medicines

WebThe Approved Bill on the reduced VAT rate for medicine includes: Reduced VAT rate from 12% to 5%. Fixed level markup instead of a certain percentage from the producer’s price …

Category: Medicine Go Health

POLAND: COVID-19 VAT IMPLICATIONS

WebPoland has published the Regulation of 24 April 2020 in the Official Gazette on the reduction of VAT rate for certain goods and services in relation to the COVID-19 pandemic. This …

Category: Health Go Health

Aruba: The implementation of VAT system (BTW) was postponed

WebThe Government of Aruba has postponed the implementation of VAT for another year, till 1 January 2024. In a press conference held by Prime Minister Evelyn Wever-Croes and …

Category: Health Go Health

AUSTRIA: COVID-19 VAT IMPLICATIONS

WebOn 17 June 2020, Austria published in the Official Gazette the law for the implementation of the measures of the relief package to aid the recovery of the catering/restaurant industry …

Category: Health Go Health

CZECH REPUBLIC: COVID-19 VAT IMPLICATIONS

WebCZECH REPUBLIC – Update 9th September. Anti-Crisis Tax Package in the Czech Republic. On 1 July 2020 an anti-crisis tax package came into force in the Czech …

Category: Health Go Health