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Stories that are tagged 'value added tax (VAT)'




UK Urged To Delay Making Tax Digital Plans

by Jason Gorringe, Tax-News.com, London

Last updated 18 hours ago | Tuesday, January 17, 2017

UK lawmakers have called on the Government to delay the implementation of its Making Tax Digital project, saying the initiative "could be a disaster" if rushed. Read Full Story

 

Change Process For UK Tax Decisions, Says Report

Last updated 18 hours ago | Tuesday, January 17, 2017

The UK Government must change the way it makes tax and budget decision to reduce taxpayer confusion, prevent costly errors, and avoid embarrassing u-turns, professional bodies have said in a report. Read Full Story

 

ATO Probing Digital Records For Tax Non-Compliance

by Mary Swire, Tax-News.com, Hong Kong

Last updated 18 hours ago | Tuesday, January 17, 2017

The Australian Taxation Office has released details of the data it is collecting from financial institutions and online retailers as part of its data-matching programs. Read Full Story

 

Norway Amended Import VAT Reporting Rules

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 18 hours ago | Tuesday, January 17, 2017

Norway's tax administration has published guidance on reforms to the import value-added tax filing process for fiscal years beginning in 2017. Read Full Story

 

Ireland Releases VAT Notes On Finance Act 2016

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 42 hours ago | Monday, January 16, 2017

The Irish tax agency has recently released guidance notes on changes to value-added tax law in the Finance Act 2016. Read Full Story

 

UK Lawmakers Urged To Heed Expert Tax Reform Advice

by Jason Gorringe, Tax-News.com, London

Last updated 42 hours ago | Monday, January 16, 2017

UK members of parliament should consult tax experts before scrutinizing finance bills and be "more rigorous" in examining new measures, according to Andrew Tyrie, the Chair of the House of Commons Treasury Committee. Read Full Story

 

India Delays Goods And Services Tax

by Lorys Charalambous, Tax-News.com, Cyprus

Last updated 42 hours ago | Monday, January 16, 2017

The Indian Government needs more time to reach a consensus on remaining goods and services tax issues and put in place the necessary frameworks for the regime to succeed, Arun Jaitley, the Finance Minister, has said, pushing forward implementation to July.

Read Full Story

 

ECJ AG Proposes Landmark EU VAT Ruling On Penalties

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 42 hours ago | Monday, January 16, 2017

According to an opinion of Advocate General Campos Sánchez-Bordona delivered on January 12 to the Court of Justice of the European Union, Italy should not be precluded from taking both criminal and administrative action following a taxpayer's failure to pay value-added tax. Read Full Story

 

Seychelles Needs To Boost Revenue: IMF

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, January 13, 2017

The International Monetary Fund indicated on January 11 that Seychelles will need to take further measures to increase tax revenue over the medium term. Read Full Story

 

Zimbabwe Announces Tax Breaks In Latest Budget

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, January 12, 2017

Zimbabwe's recent Budget included tax relief measures and initiatives to tackle low compliance rates. Read Full Story

 

 

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