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Global VAT Guide: September 2023 VAT Updates

September 2023 VAT Updates in Croatia

  • Croatia is planning to introduce a new e-invoicing system and CTC (Continuous Transaction Control) by the end of 2024.

September 2023 VAT Updates in Greece

  • B2G e-Invoicing
    • From 12 September 2023, B2G e-invoicing will become mandatory.
  • VAT Exemption
    • Pre-packaged food and alcoholic beverages will benefit from the VAT exemption procedure if they meet national and EU labelling requirements and are pre-packed.

September 2023 VAT Updates in The Netherlands

  • On 14 August 2023, the Netherlands enacted a bill that amended EU VAT directive 2006/112 in relation to special scheme for small enterprises.

September 2023 VAT Updates in Romania

  • By Ordin nr. 1.176 on 26 July 2023, published in Official Monitor no. 720 of August 4, 2023, additional fields are introduced in the Romanian VAT return to report tax-exempt activities: Line 14.1 and Line 14.2.

September 2023 VAT Updates in Argentina

  • The AFIP (Tax Authority) has postponed the monthly payment deadline date for massive consumption companies until 20 March 2024.

September 2023 VAT Updates in South Africa

  • A new provision has been introduced in South Africa to alleviate the administrative burden for those foreign entities that are required to VAT register in South Africa.

September 2023 VAT Updates in Saudi Arabia

  • The ZATCA (Zakat, Tax and Customs Authority) has announced the conditions for the entities in Group 8 that will be entering the integration phase of e-invoicing.

September 2023 VAT Updates in The United Kingdom

  • The HMRC have issued guidance in relation to error reporting and the ways of correcting these errors if below or above certain threshold.

Source: taxbackinternational.com

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