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Richard Asquith on Muck Rack

Richard Asquith

Brussels
As seen in: Law360, Bloomberg Industry Group, Accounting Today, AccountingWEB.co.uk, Internet Retailing, LondonlovesBusiness, Acountancy Age, The Tax Adviser, The CFO, Tax Journal and
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Articles

UK ending healthcare VAT exemption in Budget?

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By Richard Asquith
| vatcalc.com
There has been renewed speculation that the Chancellor may use the forthcoming November Budget to remove the VAT exemption for healthcare and charge 20% VAT – as it did for private education last year. But the questionable promise of £2 billion revenues may soon evaporate in the details. See other Budget VAT-raising options.
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Portugal prepares e-invoicing 2030

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By Richard Asquith
| vatcalc.com
Portugal is beginning the process of reshaping its e-invoicing framework in anticipation of new European Union rules under the VAT in the Digital Age (VIDA) initiative. These EU reforms, set to apply from 2030, will require companies to communicate real-time invoicing data to tax authorities for intra-community supply transactions, and share e-invoices.
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Taiwan B2B & B2C e-invoice Peppol adopted

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By Richard Asquith
| vatcalc.com
Taiwan latest country to adopt Peppol as standard for e-invoicing Taiwan has confirmed on 22 September that it is adopting the international e-invoicing exchange network and standard, Peppol, for cross-border invoicing. The Digital Industry Agency has been nominated that the ‘Authority’, responsible for local implementation and standards. Peppol was originally developed by the EU to set standard for the exchange of electronic business documents.
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