VAT 2023 - Law with summaries

In the 20th edition of this practical, tried-and-tested publication, the author uses 166 overviews to clearly “illustrate” the VAT Act as amended and effective from 1 January 2023. These overviews are always accompanied by the relevant sections of the act, providing you with an invaluable assistant. These clear overviews include, for example,the amendment to property lettings, vouchers, VAT control statements, complete overviews of deduction types and adjustments, chain transactions, deduction for stolen stock, conditions for liability for unpaid tax, new VAT conditions for travel services, the simplified “call-off stock” regime, when and how to use the provisional coefficient, VAT adjustments, how to handle year-on-year changes in tax rates, the reverse charge mechanism for domestic transactions, taxation of services in the EU, provision of services from the EU and third countries, changes to the registration regime, VAT refunds upon de-registration, and more. The term 'dispatch of goods' has been replaced by the new term 'distance selling of goods'. The appendix includes new VAT forms and a list of electronically supplied services.