- Decision No 2/2023 of the Trade Specialised Committee on Administrative Cooperation in VAT and Recovery of Taxes and Duties has been made
- The decision pertains to the financial contribution to be made by the United Kingdom to the general budget of the Union
- The amount to be paid for amendments of electronic forms for VAT and Recovery is EUR 36,250
- The annual financial contribution until December 31, 2025, is EUR 12,600, and from January 1, 2026, it is EUR 42,000
- The contribution covers expenditures related to IT solutions
- Payments must be made in euros within 60 days, and interest may be charged for late payments
- The decision was adopted on October 19, 2023, in London.
Source: eur-lex.europa.eu
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
