One query that constantly reappears is that of the VAT treatment of deposits.
This may be because there are different types of deposits with different VAT rules for each. I thought that it would be helpful for all the rules to be set out in one place, and some comments on how certain transactions are structured, so…
Broadly, we are looking at the tax point rules. The tax point is the time at which output tax is due and input tax recoverable. More on tax points here
Source Marcus Ward
Latest Posts in "European Union"
- ViDA: Implementation ”Single EU VAT Registration” in the Member States
- VAT Expert Group (VEG) Meeting 13 March 2026: Key Discussions on Platforms, Single VAT Registration and Digital Reporting under ViDA
- EU Parliament and Council Agree on Ambitious EU Customs Reform, Establishing New Authority and Data Hub
- CJEU: Businesses Entitled to VAT Refund When Incorrectly Charged and Invoice Correction Is Impossible
- EU VAT-Exempt Exports: Key Requirements, Risks, and Best Practices for Compliance
