As of January 1, 2019, the VAT treatment of vouchers in the EU has been harmonized

On 1 July 2016 the Directive (EU) 2016/1065 regarding the VAT treatment of vouchers was published. The Directive introduces new definitions such as ‘single-purpose voucher’ and ‘multi-purpose voucher’. The Directive explains the criteria for cases where the issue and transfer of vouchers are subject to VAT. The Member States have adopted this Directive into their national law by 31 December 2018.

Source

• COUNCIL DIRECTIVE (EU) 2016/1065 of 27 June 2016 amending Directive 2006/112/EC as regards the treatment of vouchers

Newsletters

• Tiberghien
• Deloitte
• Wolters Kluwer
• Diligens
• KMLZ
• PwC
• KPMG
• RSM

Articles

• The EU VAT Treatment of Vouchers in the Context of Promotional Activities – Dr. J.B.O. Bijl

Implementation in the EU Member States

• Belgium (Bloombergtax) – Circular 2020/C/121 on VAT treatment of vouchers
• Czech Republic
• Germany – Federal Ministry of Finance letter on VAT treatment of vouchers
• Ireland (Deloitte)
• Italy – Guidance authorities
• Malta (PwC)
• United Kingdom – HMRC Guidance: Business promotions (VAT Notice 700/7)

For all articles related to vouchers (worldwide), click HERE

ECJ Cases

• Roadtrip through ECJ Cases – Focus on ”Vouchers”

References to the Workig Papers of the VAT Committee

• EU VAT Committee meeting #116 on June 12, 2020 – Questions raised following implementation of the Voucher Directive – further analysis WP 993 – Follow-up Voucher Directive