Welcome to the February edition of TMF Group's global VAT & GST update from its offices around the world.
February 2015 TMF Group VAT update
Croatia updates VAT registration requirements for non-residents
Czech Republic publishes detailed list of goods subject to reverse charge mechanism
UK’s HMRC published new VAT guidance on prompt payment discounts (effective from April 2015)
Czech Republic revealed list of commodities subject to new reduced 10% VAT rate
Luxembourg raises VAT flat rate for farmers from 10% to 12% with effect from April 2015
Spain introduces new definitions for the links which must be established for related companies to join VAT Group.
For more detail on this months VAT changes view the Summary of changes in European VAT