On 12 February 2025, the European Parliament gave the green light to the Draft Council, revolutionising VAT rules for the digital age under the ViDA package.
French Budget introduce new VAT measures
From new thresholds to simplified reporting, upcoming VAT reforms will impact small businesses and payroll taxes, ensuring a more streamlined and efficient system.
New circular regarding VAT treatment of fuel card transactions
The German Federal Ministry of Finance (BMF) has recently published a circular in which it clarifies the VAT treatment of fuel card transactions. It establishes clear roles for all parties involved and allows the card issuer to claim input tax deduction with legal certainty.
Reverse-charge mechanism extended to labour-intensive logistics services
The Italian Budget Law 2025 introduces a transitional measure allowing principals, in procurement and similar contracts within the logistics sector, characterised by a predominant use of labour, to voluntarily opt for VAT payment on behalf of their suppliers. This measure anticipates the potential mandatory application of the reverse-charge mechanism in Italy for logistics services, subject to a favourable opinion from the EU Council.
Updated VAT exemption for education
The Dutch Finance Ministry has revised the VAT exemption for education. The updated decree now specifies the conditions under which digital and remote education qualify for the exemption. Furthermore, it clarifies whether certain specific forms of education are included in the exemption.
UK Launches Consultation on E-Invoicing implementation by 2030
UK's future of e-invoicing and VAT compliance.
