VAT news & updates
across 150+ countries.

Nigeria's National Revenue Service has begun monitoring compliance for large taxpayers under its e-invoicing mandate, with a deadline of 31 July 2026. Companies must achieve full compliance by that date or face regulatory sanctions.

Vietnam's Ministry of Finance introduces Circular 84/2026/TT-BTC to standardise VAT refunds for foreign visitors and overseas Vietnamese. The new circular supersedes earlier directives and establishes a direct link between the Customs Department and the tax authority’s electronic invoice system. It sets clear timelines for account issuance, bank licensing, and passenger inspection procedures.

Nigeria's Nigeria Revenue Service has announced that large taxpayers with an annual turnover of ₦5 billion and above must fully integrate the national e-invoicing system by 31 July 2026. The directive requires onboarding to the NRS Merchant Buyer Solution, ERP integration via approved access points, and real-time transmission of invoices with valid Invoice Reference Numbers, with non-compliance triggering enforcement actions.

The UK’s e-invoicing mandate will become mandatory for VAT-related B2B and B2G transactions from April 2029, requiring structured, machine-readable invoices. HMRC confirms existing VAT invoice requirements remain, but transmission and validation will change. Early preparation is advised to avoid data challenges and ensure compliance.

United Arab Emirates: The Federal Tax Authority issued Directive No. 5 of 2026 clarifying VAT valuation for deemed supplies of services. The directive requires taxpayers to value services based on direct and indirect costs, open market value, or estimated cost excluding profit.

France confirms that the mandatory B2B e-invoicing and e-reporting system will start on 1 September 2026. The French Tax Authority will apply a flexible enforcement approach during the initial period, and fallback solutions are only temporary emergency measures.

Louisiana requires peer-to-peer vehicle sharing platforms to register as dealers, collect and remit state, local and automobile rental taxes on all commissions. A marketplace facilitator status may apply to platforms with over USD 100,000 in gross sales to Louisiana customers, allowing direct remittance through the Sales and Use Tax Commission.

Isle of Man: The Treasury announced a VAT rate reduction on domestic electricity supplies for specified taxpayers, effective from 1 October 2026. The reduction drops the rate from 5% to 0% for residential care homes and small businesses with average monthly consumption below 1,000 kWh that are not VAT registered. The public utility provider will apply the new rate to eligible supplies, reflected on customer bills from 1 October 2026.

Czech Republic: The Tax Agency has issued updated guidance on the VAT treatment of free supply of goods. The guidance clarifies that VAT applies to free supplies based on original purchase price if input VAT was deducted, and sets rules for unpurchased items and unsaleable inventory.

Poland's Prime Minister announced that the Council of Ministers adopted a bill to amend the VAT Act, introducing automatic verification of VAT status, mandatory electronic filing of import declarations, and expanded documentation for zero-rate exports. The measures aim to streamline import and export procedures and align Poland with updated EU rules on consignments.

The Gambia has approved an electronic invoicing system covering VAT and other taxes, announced by the Gambia Revenue Authority on 22 June 2026. The Cabinet approved an Electronic Invoicing System Regulation, and a pilot phase will involve selected taxpayers before nationwide rollout.

France: From 1 January 2026, domestic businesses can qualify for VAT exemption if their previous year turnover is below EUR 85,000 for commercial and accommodation activities, EUR 37,500 for services and liberal professions. If turnover exceeds these thresholds, the exemption can still apply until the end of the calendar year provided it does not exceed the increased thresholds of EUR 93,500 and EUR 41,250 respectively.