Tax News Daily
The latest tax news from around the world, summarised and tagged for tax professionals. Updated twice daily.
Tax Head
Region
Customs CDS Volume 3 Tariff, Step-by-Step Guide
HMRC has published a comprehensive step-by-step guide for the Customs Declaration Service (CDS) Volume 3 Tariff, providing detailed technical guidance for completing customs declarations in the UK. The guide assists traders and agents in accurately populating data elements within the CDS system, replacing the older CHIEF platform. It covers tariff commodity codes, duty calculations, customs procedures, and declaration requirements under the UK Global Tariff. This resource is essential for import/export professionals navigating post-Brexit customs compliance, ensuring correct classification and valuation of goods moving into and out of Great Britain and Northern Ireland under current UK customs legislation.
Guidance: Filing your Company Tax Return online
HMRC has published guidance on filing Company Tax Returns online, including a list of approved commercial software suppliers for Corporation Tax submissions. The guidance assists UK businesses in selecting compliant software for submitting CT600 returns electronically via HMRC's systems. It covers the requirements for online filing, which is mandatory for most companies, and lists third-party software providers whose products are recognised for use with HMRC's Corporation Tax online service. This is essential for tax professionals advising UK companies on their compliance obligations and software selection for accurate and timely Corporation Tax return submissions.
VAT Act Amendments Simplify EU Cross-Border Trade and OSS Rules
Recent amendments to VAT legislation are streamlining EU cross-border trade and the One Stop Shop (OSS) rules, simplifying compliance obligations for businesses operating across EU member states. The changes aim to reduce administrative burdens for sellers engaged in intra-EU distance sales by refining registration thresholds, reporting requirements, and OSS scheme eligibility. Tax professionals should review how updated rules affect their clients' VAT registration obligations, particularly businesses currently using or considering OSS registration to account for VAT across multiple jurisdictions. The amendments reflect ongoing EU efforts to modernise VAT collection and reduce fragmentation in cross-border digital and physical goods transactions.
We invite you to consultations on changes to KSeF
The Polish tax authority is inviting stakeholders to consultations regarding proposed changes to KSeF (Krajowy System e-Faktur), Poland's National e-Invoicing System. KSeF is the mandatory electronic invoicing platform in Poland that requires businesses to issue and receive structured invoices through a centralised government system. The consultations aim to gather feedback from businesses and tax professionals on planned amendments to the system. This is relevant for all VAT-registered entities operating in Poland, as KSeF compliance is obligatory. Tax advisors should monitor outcomes closely, as changes may affect invoice processing workflows, IT system integrations, and VAT reporting obligations.
Optional registration of debts in the CRF
Serbia's Electronic Invoice System (efaktura.gov.rs) has announced that the optional functionality for registering obligations in the Central Invoice Register (CRF), derived from electronic invoices where public funds users of type 7 are listed as recipients, will not be implemented until July 1, 2026. System users are advised that there is no requirement to implement this functionality prior to that date. This update is relevant for businesses and public sector entities transacting through Serbia's mandatory e-invoicing infrastructure, providing additional lead time for technical compliance preparations.
UAE Electronic Invoicing Guidelines V1.1 – June 2026
The UAE Ministry of Finance has published Version 1.1 of the UAE Electronic Invoicing Guidelines (dated 1 June 2026), a 51-page document outlining the framework for mandatory e-invoicing implementation in the UAE. The guidelines detail technical and operational requirements for businesses to issue, transmit, and store electronic invoices in compliance with UAE tax regulations. This update builds on earlier drafts and addresses structured data formats, integration with the tax authority's systems, and compliance obligations for VAT-registered entities. Tax professionals should review the document to understand phased rollout timelines, technical standards, and system readiness requirements ahead of mandatory adoption.
Electronic invoicing, what does it change for me?
France's tax authority (impots.gouv.fr) addresses the upcoming mandatory e-invoicing reform for businesses subject to VAT. The reform requires French VAT-registered businesses to adopt electronic invoicing for B2B transactions, with obligations phased in based on company size. It introduces both e-invoicing (structured electronic invoices exchanged via certified platforms) and e-reporting (transmission of transaction data to the tax authority for B2C and cross-border transactions). The reform aims to reduce VAT fraud, simplify compliance, pre-fill VAT returns, and modernise business processes. Businesses must register with a Partner Dematerialisation Platform (PDP) or use the public invoicing portal.
Completed consultation on the transition to Peppol – One common e-invoice specification
Denmark's NemHandel has concluded a public consultation on transitioning to Peppol as the common e-invoicing standard, establishing a unified e-invoice specification for Danish businesses. The consultation examined national adaptations required for Denmark's e-invoicing framework within the Peppol network. A hearing memorandum has been published summarising responses and outcomes. This development is significant for Danish businesses and public sector entities currently using NemHandel infrastructure, as the shift to Peppol aligns Denmark with broader European e-invoicing standardisation efforts, potentially affecting procurement, compliance obligations, and invoice exchange processes across both public and private sectors.
The new registered cash register system (GKS 2.0) becomes mandatory from July 1, 2026
Belgium's Federal Public Service Finance has announced that the new Registered Cash Register System (GKS 2.0) will become mandatory from 1 July 2026. The GKS system is a VAT compliance tool required in the Belgian horeca (hospitality) sector to ensure accurate recording and reporting of transactions subject to VAT. The upgraded GKS 2.0 replaces the current system and imposes new technical and operational requirements on affected businesses. Entrepreneurs, producers, and distributors operating certified cash register systems must transition to the updated system by the deadline. Tax professionals advising Belgian hospitality sector clients should prepare for the compliance obligations accompanying this mandatory upgrade.
Ministry of Finance has prepared more modern and fairer VAT rules
The Slovak Ministry of Finance has prepared modernised and fairer VAT rules, as indicated by this press release from the Ministry of Finance of the Slovak Republic. The reform aims to update the existing VAT framework to make it more equitable and aligned with contemporary economic realities. While the full legislative detail is not extractable from the available HTML, the announcement signals significant amendments to Slovakia's VAT legislation, likely reflecting EU VAT Directive transposition requirements or domestic simplification measures. Tax professionals operating in Slovakia should monitor the forthcoming legislative changes for compliance implications affecting VAT registration, reporting, and liability rules.
May release of SI-UBL 2 and Peppol BIS 3 published
The Dutch Peppol Authority has published the May 2026 releases of validation artefacts for SI-UBL 2 (NLCIUS) and Peppol BIS 3, the e-invoicing standards used in the Netherlands. Both updated validation artefacts become mandatory from 17 August 2026; until that date, the current versions remain obligatory. This release is relevant for businesses and software providers operating within the Dutch Peppol network, requiring timely system updates to ensure compliance with the new technical specifications before the August deadline.
Check the recognised overseas pension schemes notification list
HMRC maintains a published notification list of Recognised Overseas Pension Schemes (ROPS) — overseas pension schemes that meet UK conditions allowing individuals to transfer UK pension savings abroad without incurring an unauthorised payment charge. Tax professionals should note that inclusion on the list does not constitute HMRC endorsement or guarantee of tax relief eligibility; scheme managers self-certify compliance. The list is updated on the first and fifteenth of each month. Advisers must verify current ROPS status at the time of transfer and consider the Overseas Transfer Charge, which may apply to transfers made after 9 March 2017 depending on the member's residence and scheme location.
ATAF Research Calls for Stronger and Structured Gender-Responsive Tax Systems Across Africa
The African Tax Administration Forum (ATAF) has published research advocating for the development of stronger, structured gender-responsive tax systems across African nations. The research highlights how tax policies disproportionately affect women versus men, calling for reforms that address gender bias embedded in existing tax frameworks. ATAF urges member countries to integrate gender analysis into tax policy design, administration, and revenue collection processes. The findings emphasize that gender-neutral tax systems often inadvertently disadvantage women due to structural inequalities, and recommends targeted approaches including gender audits of tax legislation, disaggregated data collection, and capacity building within tax administrations to ensure equitable fiscal outcomes across Africa.
Comments on T-444/25 (Cavert) – General Court Rules VAT Groups Are Not Single Legal Entities
The EU General Court in case T-444/25 (Cavert) has ruled that VAT groups do not constitute single legal entities for VAT purposes. This decision has significant implications for how VAT groups are treated across EU member states, clarifying that while VAT groups may be treated as a single taxable person for VAT reporting and liability purposes, they do not merge into a unified legal entity. Tax professionals advising businesses operating within VAT group structures should review their arrangements in light of this ruling, particularly regarding contractual obligations, liability allocation, and compliance procedures. The judgment provides important judicial guidance on the legal nature and boundaries of VAT group treatment under EU VAT law.
Digital autonomy at the Tax and Customs Administration leads to delay in new VAT refund system
The Dutch Tax and Customs Administration (Belastingdienst) is experiencing delays in implementing a new VAT refund system due to issues surrounding digital autonomy within the organization. The administration's approach to managing its own IT infrastructure and digital systems has created complications that are pushing back the rollout of the updated VAT refund mechanism. This delay has practical implications for businesses expecting to utilize the new system for reclaiming VAT. Tax professionals handling Dutch VAT compliance and refund claims should be aware of the postponed timeline and monitor official communications from the Belastingdienst for updated implementation schedules and transitional arrangements.
Bad Debt Relief and VAT Recovery: How to Avoid Losing Out When Selling Receivables
This article examines the intersection of VAT bad debt relief (BDR) and the sale of receivables, highlighting risks businesses face when recovering VAT on unpaid invoices. When a supplier sells receivables to a factor or debt purchaser, the original VAT liability relationship becomes complex—assignment of debt can affect eligibility for BDR claims. The article outlines conditions under which BDR can still be claimed, the timing requirements, and how partial recovery or write-offs interact with factoring arrangements. Tax professionals are advised to review contractual terms in receivables sales to ensure VAT recovery positions are preserved and compliance with relevant thresholds and notification requirements is maintained.
E-Invoicing & E-Reporting developments in the news in week 24/2026
This article from VATupdate covers the latest e-invoicing and e-reporting regulatory developments globally during week 24 of 2026. It compiles updates on mandatory electronic invoicing and digital reporting obligations across multiple jurisdictions, tracking legislative changes, implementation timelines, and compliance requirements. Such weekly roundups are essential for tax professionals managing indirect tax compliance across borders, providing a consolidated view of evolving digital tax administration mandates. The updates typically cover new regulations, phased rollouts, technical specifications, and government announcements affecting businesses required to adopt e-invoicing and e-reporting systems in various countries.
Italy: Advocate general says VAT amnesty breached EU law
An Advocate General of the Court of Justice of the European Union has issued an opinion finding that Italy's VAT amnesty scheme breached EU law. The amnesty, which allowed Italian taxpayers to settle outstanding VAT liabilities at reduced amounts, is considered incompatible with EU VAT directives and the principle that member states must ensure effective collection of VAT as an EU own resource. Advocate General opinions, while not binding, are highly influential and frequently followed by the CJEU. This ruling has significant implications for Italy's past amnesty arrangements and potentially for other EU member states that have implemented similar VAT relief or settlement schemes.
Law 88/2026 Narrows RO e-Factura Scope for Individuals & Special Entities
Romania's Law 88/2026 amends the scope of the RO e-Factura electronic invoicing system, narrowing its application for individuals and certain special entities. The legislation modifies existing e-invoicing obligations, clarifying which transactions and entity types fall outside mandatory e-Factura requirements. This is significant for tax professionals advising clients in Romania, particularly those dealing with B2C transactions or operating through special-purpose vehicles. The changes refine the earlier broad implementation of Romania's national e-invoicing mandate, which had been progressively rolled out following EU requirements. Practitioners should review updated thresholds and entity classifications to ensure compliance with revised reporting obligations under the Romanian fiscal framework.
GST InvoiceNow Phased Mandate & Adoption Grants
Singapore's Inland Revenue Authority (IRAS) is implementing a phased mandate for GST InvoiceNow, requiring GST-registered businesses to adopt the InvoiceNow network for structured digital invoicing. The rollout follows a staged approach based on business size, with larger businesses facing earlier compliance deadlines. To support adoption, IRAS is offering grants to offset implementation costs, encouraging voluntary early uptake. InvoiceNow leverages the Peppol network to enable automated, real-time invoice transmission between businesses and directly to IRAS. This initiative aligns Singapore with global e-invoicing trends, improving tax compliance, reducing errors, and streamlining GST reporting obligations for registered businesses.
Get the Friday Digest
Every Friday, a curated summary of the week's tax news delivered to your inbox. Choose what you want to hear about — no noise, no spam, unsubscribe anytime.
Tax heads you care about(select all that apply)
Regions you care about(select all that apply)
Your email is never shared or sold. You can unsubscribe at any time. Built in compliance with GDPR.