Quick Fixes – Intra-Community Supplies – VAT number of your client becomes a material condition
By 1 January 2020, the EU Member States have the obligation to introduce the so-called “quick fixes” in their national VAT legislation. These “quick fixes” are 4 concrete measures that are aimed at establishing a uniform VAT treatment for certain cross-border EU supply of goods transactions. From a Belgian perspective, the draft law has recently
Brexit update – Supreme Court calls Prime Minister Johnson to order HMRC issues further guidance on a no-deal Brexit
Last Tuesday morning, the UK Supreme Court ruled unanimously that Boris Johnson’s five-week suspension of Parliament was unlawful. Although this ruling can be considered another political defeat for the Prime Minister, Mr. Johnson is not planning on changing the UK’s path to leaving the European Union on 31 October 2019 and he rejected the calls
Brexit update – Governments on both sides of the channel are gearing up for a no-deal Brexit
Last Sunday, 18 August 2019, a UK Government report under the code name “Operation Yellowhammer” was leaked. The report describes the consequences Britain will most likely face if the UK leaves the EU without a deal. Some of the revelations were: heavy goods vehicles crossing the UK border could face a maximum delay of 1.5
Brexit update – New UK Prime Minister
13 weeks until Brexit The dispute about the leadership of the Conservative Party has come to an end – Mr Johnson is the next Prime Minister of the UK. Within minutes after the announcement, EU Chief Brexit negotiator Mr Barnier stated that he is looking forward to constructively work with the new Prime Minister but
Brexit update – EU Commission encourage stakeholders to prepare for a no-deal
The European Commission issued further guidance earlier this week on a no-deal Brexit. Although the European Commission sees an increase in the EORI registrations as well as in the AEO certifications, it strongly encourage the stakeholders to prepare for a no-deal and to take advantage of the extension till 31 October 2019. The European Commission
Brexit update – Mrs. May took on the first Brexit Battle and lost. Who is next and what does this mean for business?
UK Prime Minister Theresa May formally quits as leader of the Conservative Party today. On 24 May 2019, Theresa May announced that she would resign as the Conservative Party leader today, on June 7. In her emotional speech, Mrs. May acknowledged that she had failed after her Brexit deal – the Draft Withdrawal Agreement with
Brexit Update – Mrs May resigns
One step closer to a no-deal Brexit? After three failed attempts to convince the members of parliament (MP’s) to support her EU withdrawal agreement, Mrs May has announced today that she will step down as prime minister of the UK. Only this Tuesday, Mrs May gave a speech in which she unveiled a 10-point plan
Reduced VAT rates for online newspapers, magazines and e-books have been approved in last session of the Federal Parliament
As from 1 April 2019 reduced VAT rates for online newspapers, magazines and e-books are applicable in Belgium. The EU Council has agreed in October 2018 on a VAT Directive to allow the EU Member States to apply a reduced (or even 0%) VAT rate to electronic publications, in order to modernise VAT for the digital economy
