Be ready for the Major Global iTx developments per April 1, 2022

Belgium

• Submit your 2021 customer listing before March 31, 2022

Bulgaria

• Not yet approved – Bulgaria considers 0% VAT for water and natural gas, electricity, and central heating as of April 1, 2022

Croatia

• VAT rate reduction to combat inflation

India

• Mandatory B2B E-Invoicing – threshold lowered to 20 Crores
• Maharashtra Govt. announces Amnesty Scheme, 2022

Indonesia

• VAT rate to increase to 11% on 1 April

Netherlands

• Corrective VAT returns 2021 to be submitted before 1st April in Netherlands

Poland

• New version of JPK_FA as of April 1, 2022

Romania

• B2B E-Invoice system optional as of April 1, 2022 and mandatory as of July 1, 2022 for risky products
• Proposal: Reduced VAT Rate of 5% on Car Fuels as of April 1, 2022

United Kingdom

• Making Tax Digital for VAT – Expansion
• Implementation of Plastic Packaging Tax in the UK
• End of temporary reduced rate for leisure and hospitality