Blog

8th October: Our Global VAT Guide provides you with an overview of VAT news from the past 4 weeks. Stay up to date with your VAT obligations.

The Hungarian government have been applying a requirement regarding real time invoice reporting since 2018 and on 1st Jul 2018 in accordance with (Act LXXXIII of 2018 amending Act CXLIII of 2015 on public procurement) the regulations came into force.

According to a recent online flash poll conducted by the Global Business Travel Association (GBTA), things are looking hopeful for business travel in 2021. From the results, it’s expected that by the end of the year, in terms of business travel at least, things will be business as usual.

In a globalised economy, the need to register for VAT and manage VAT returns is one of the pain points many taxpayers have to face. Often, some of the tax laws are not clearly understood by taxpayers, there is a language barrier and processes for filing the returns can be complex; the anxiety for fear of tax penalties for non-compliance can be high.

Greece has gone all digital with the implementation of the myDATA platform, keeping up with other EU member states that have implemented digital reporting.

8th September: From 1 September 2021, Katso ID’s Katso authorisations can no longer be used in any central government e-services.