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Standard declaration abandoned

17 November 2015
Issue: 4527 / Categories: News

Withdrawal of the proposed standard VAT declaration.

The European Commission has announced that it intends to withdraw the proposed standard VAT declaration.

The decision follows commission discussions that have resulted in a compromise that “has fully denatured the substance of the commission proposal”. In addition, it runs “counter to simplification, harmonisation and burden reduction objectives” of the original proposal.

The standard declaration would have capped the maximum number of boxes on a return at 30, although some countries have up to 100.

Issue: 4527 / Categories: News
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