VAT news & updates
across 150+ countries.

The UK will require all businesses, including care providers, to issue invoices electronically from the April 2029 tax year. The mandate aims to replace paper-based invoicing with machine-readable, structured data to improve accuracy and efficiency. Care homes stand to gain automation, better visibility and stronger compliance through this shift.

Nigeria's NRS has set a July 31, 2026 deadline for large taxpayers to fully migrate to the national e-invoicing and Electronic Fiscal System. The directive, part of the Merchant Buyer Solution rollout, requires companies with annual gross turnover of N5 billion or more to complete registration, system integration, testing and to transmit invoices with valid RINs.

Portugal's new housing VAT package introduces a temporary 6% rate for qualifying construction and rehabilitation contracts, while a separate parliamentary bill seeks to clarify the legacy urban rehabilitation VAT regime. The temporary rate applies to projects whose VAT becomes due between 1 July 2026 and 31 December 2032, provided the planning procedure was initiated between September 2025 and December 2029. The bill would retroactively interpret the earlier reduced-rate provision as applying to any legally delimited Urban Rehabilitation Area, regardless of an approved Urban Rehabilitation Operation.

Vietnam has introduced optional e-invoicing for foreign businesses, allowing them to issue Vietnamese electronic invoices to improve VAT recovery. The changes, effective from 1 July 2026, also provide flexibility on invoice timing and extend mandatory e-invoicing to larger domestic businesses.

Luxembourg has approved a draft law extending mandatory electronic invoicing to domestic B2B transactions, with phased implementation from 1 January 2028. The law will require all businesses to receive electronic invoices by 1 January 2028, large and medium enterprises to issue them by 1 July 2028, and all remaining firms by 1 January 2029.

The European Union has launched public consultations on new implementation rules for the Carbon Border Adjustment Mechanism, which came into force on 1 January 2026. The draft outlines how importers can claim deductions for CO₂ emission taxes already paid, sets documentation and verification requirements, and requires authorised CBAM declarants to submit annual reports. Importers of high-carbon products such as steel, aluminium, cement, fertilisers and hydrogen should monitor the consultation outcomes as the rules will directly affect future compliance and financial obligations.

Slovakia will require domestic VAT-registered businesses to issue structured electronic invoices for in-scope B2B and B2G transactions from 1 January 2027, using a Peppol-based delivery model and reporting via the Slovak Tax Data Document. The guide outlines the voluntary phase, technical requirements, and steps to prepare ERP systems and compliance processes before the mandatory go-live.

The United Kingdom will introduce mandatory e-invoicing from April 2029, as discussed in a panel on the upcoming framework. The panel will cover the government roadmap, Peppol's role, and practical steps for businesses to prepare.

UK operators face real VAT implications as HMRC clarifies that prize draw entries are subject to the standard 20% rate. Margins could fall 25-35% and retrospective liabilities may arise.

Scotland: Charities urged to plan early for VAT as the Capital Goods Scheme threshold rises from £250,000 to £600,000 from 29 July 2026. The change reduces the number of projects requiring decade-long monitoring, easing administrative burden for charities and third-sector organisations.

Nigeria's Revenue Service (NRS) has set 31 July as the deadline for large taxpayers to comply with the National E-Invoicing and Electronic Fiscal System. The deadline requires large taxpayers to register on the Merchant Buyer Solution, integrate systems via approved Access Point Providers or Systems Integrators, validate, test, and transmit invoices electronically, with enforcement actions for non-compliance.

Poland's new VAT joint and several liability rules will take effect from 1 October 2026, extending joint and several liability to intangible services. Purchasers will face stricter due-diligence requirements and may be held jointly and severally liable for invoices that are inaccurate or issued by non-existent entities.