In the draft amendment to the Slovak VAT Act, The Ministry of Finance proposed a lower threshold for simplified invoices. Currently a simplified invoice can be issued […]
Slovakia – Proposed lower threshold on simplified invoices
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Poland – Mandatory e-invoicing from the 1st July 2024
On Monday, 7th August 2023, the Polish President Andrzej Duda signed into law the Act of 16 June 2023 which makes the use of the National Electronic […]
Romania – E-invoicing for B2B transactions from 2024
On 25th July 2023, the European Commission issued the Council Implementing Decision (EU) 2023/1553, authorising Romania derogation request to implement a B2B electronic invoicing (“e-invoicing”) mandate. Whereas currently […]
Romania – Proposed changes in VAT rate
The Romanian government has recently proposed a range of fiscal measures, one of which is to increase the VAT rate of restaurant, catering and cultural services (theatre, […]
Cyprus – Introduction of a super-reduced VAT rate of 3%
On the 13th July 2023, the Cypriot Parliament approved a bill introducing a new super-reduced VAT rate of 3% for certain goods and services to ease the […]
Finland – VAT rate change proposal
In June 2023, as part of a programme called “A strong and committed Finland”, the Finnish new government has proposed the following changes in VAT rates: 1) […]
Germany receives authorisation to proceed with B2B e-invoicing
On 25th July 2023, Council Implementing Decision (EU) 2023/1551 was issued, which authorises Germany to introduce a special measure derogating from Articles 218 and 232 of Directive […]
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