EU VAT updates october 2020

News updates VAT & Customs 10.2020

Please find here below all the VAT & Customs related news for the last month: Quick fixes 2020, New definition of exporters, BREXIT related topics, as well as other VAT & Customs updates in the EU.

Transposition of Quick Fixes - where are the EU member states at?

The European Commission has published an overview of the measures taken by the Member States to transpose the rules relating to Quick Fixes into their national legislation.

Spain: New version of the IIS

The Spanish authorities will introduce a new version of the IIS as of 1 January 2021. A lot of new additional information will have to be sent to the authorities via this new version.

The Netherlands: Postponement of entry into force of new definition of exporter

The Dutch administration has postponed until 1 January 2021 the entry into force of the new customs definition of the exporter for exports from the Netherlands. (source website of the Dutch tax administration)

Poland: JPK_VAT declaration

Since 1 October 2020, companies subject to Polish VAT have the obligation to submit the JPK_VAT declaration including information on sales and purchases included in the periodic VAT declaration.

Czech Republic: Entry into force of Quick Fixes

The provisions relating to Quick Fixes entered into force on 1 September 2020 in the Czech Republic.

United Kingdom

Rules for importing products subject to excise duty into the UK from the EU as of 1 January 2021

The British administration has published a summary document concerning the formalities of imports of products subject to excise duties as well as the conditions of circulation of such products on British territory. (source GOV.UK)

Which VAT rules apply in trade between Northern Ireland, Ireland and the United Kingdom from 1 January 2021?

The British administration has published a letter setting out the VAT rules, to date, which will be applicable in trade between:

  • United Kingdom and Northern Ireland,
  • Northern Ireland and the European Union,
  • Ireland and Northern Ireland,
  • Northern Ireland and non-EU countries.

These rules are obviously conditional on the negotiations currently in force between the European Union and the United Kingdom. (source GOV.UK)

Establishment of a local VAT reverse charge mechanism for UK construction services from 1 March 2021

As of 1 March 2021, a reverse charge mechanism for VAT will be put in place in the construction industry if the following conditions are met:

  • The supplier is VAT registered in the UK
  • The customer is registered for VAT in the United Kingdom,
  • Payment for the service is made via the "Construction Industry Scheme (CIS)".

(source GOV.UK)

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