There are two challenges facing the accountancy industry that could help it better recruit and retain the ‘cream of the crop’ graduates.
Germany: Threshold for simplified invoices rises to €250 in New Year
Germany: New legislation designed to reduce administrative burdens and simplify tax rules is to be introduced. The new legislation raises the threshold for simplified invoices from €150 to €250.
Should your firm be in the cloud?
Tapping into the cloud allows sole practitioners to utilise the same platforms and applications as the largest firms in the world.
VAT: Rules on supply and installation
Supply of goods with installation services is treated as a single VATable transaction. This generally triggers an obligation to register for VAT.
Russia prepares new tax-free system
It is expected that the tax-free system will start operating from 1 October 2017, initially in Moscow, Saint-Petersburg and Sochi.
Spain introduces new Immediate Information Supply System (SII)
The AEAT was formally announced in Royal Decree 596/2016 of 2 December and its entry into force has been approved with effect on 1 July 2017.
A short guide to distance selling
Distance selling is the term used to describe when goods are sold from a supplier in one EU member state to a customer in another member state who is not registered for VAT.
German courts simplify VAT correction procedures
German Courts recently considered a case in which a UK business leased space at trade fairs in Germany. The business incorrectly charged German VAT.
EU sets deadline for VAT refunds : Applications must be filed by 30 June
From 1 July 2016 non-EU businesses must file applications electronically. Businesses must still submit the original invoices and import notices.