ECJ: No Reduced VAT Rates for the Ancillary Element of a Single Supply
On 18 January 2018, the European Court of Justice (ECJ) passed a judgement concerning the Ajax Amsterdam Football Club to apply the reduced VAT rate to an ancillary element of a single composite...
View ArticleLatest EU Developments: ECJ rules out Duplicate Bridge as a 'Sport’ and...
On 26 October 2017, the European Court of Justice (ECJ) passed a judgment concerning the VAT exemption on the entry fees of the Duplicate Bridge tournaments organised by the English Bridge Union...
View ArticleLatest EU Update: VAT Exemption for Local Bodies Supplying Sporting Facilities
On July 13, 2017, the European Court of Justice (ECJ) passed a judgment on the case of the London Borough of Ealing Vs Her Majesty’s Revenue and Customs (HMRC ). The case was regarding the right to...
View ArticleBudget Day: Netherlands Reduced VAT Rate Rise to 9% from January 1st, 2019
The Government of Netherlands has proposed an increase in the current reduced VAT rate from 6% to 9% on Budget Day, 18 September 2018 for their 2019 tax plan. These rates are effective from January...
View ArticleSlovakia Has Introduced a Reduced 10% VAT Rate on Hotels as of January 1st, 2019
Slovakia has reduced the VAT rate for hotels and similar accommodation services from the previous rate of 20% to the current 10% rate. This measure has come into effect from January 1st, 2019, approved...
View ArticleThe GCC Countries Agreed to Implement a Harmonised VAT System
The Gulf Cooperation Council (GCC), (an alliance of six Middle Eastern countries- Saudi Arabia, Kuwait, UAE, Qatar, Bahrain and Oman), has implemented VAT and the 6 countries have signed the agreement,...
View ArticleBahrain Introduces VAT with a standard VAT rate of 5% as of January 1st, 2019
Bahrain parliament has approved the introduction of VAT at the expected standard rate of 5%, effective from January 1st, 2019. Bahrain’s VAT laws slightly differ in some key areas from the...
View ArticleOman Will Introduce a VAT System Starting on September 1st, 2019
Oman government is looking to implement a standard 5% VAT regime starting from September 1st, 2019. After the 6 GCC countries (Saudi Arabia, Oman, Qatar, UAE, Bahrain and Kuwait) signed the VAT...
View ArticleKuwait and Qatar Have Postponed the Introduction of the VAT System
Kuwait and Qatar are the only two remaining GCC member countries which have delayed the implementation of the VAT system. The budget committee’s decision is not to implement the VAT before the year...
View ArticleSaudi Arabian VAT refunds 2019- what you need to know!
VAT Refunds in Saudi Arabia may be applied on a quarterly basis in a calendar year, with a final single annual claim by June 30th of the following year. The minimum claim amount for Saudi Arabian...
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