Have you heard about the latest developments regarding the EU VAT treatment on fuel cards? Following a meeting between the EU Commission Services and the VAT Expert Group on 21 October 2022, new conclusions confirm whether the supply of fuel cards qualifies as a vat-taxable or a vat-exempt supply. Here’s what you need to know to stay compliant.
Source VATit
See also Conclusion of the EU Commission Services as regards the VAT treatment of the supplies of fuel cards