Indirect taxes such as VAT and GST have a huge impact on your business. With the introduction of consumption based taxes around the world and fluctuating VAT rates to plug ever growing budget deficits, keeping abreast of legislative change to ensure compliance is key. Our indirect tax consultants help you plan strategically to reduce your indirect tax costs by developing efficient indirect tax structures, preventing leakage and averting the damage that can be caused by non-compliance.
We deliver a range of indirect tax related services with a global focus:
- indirect tax consulting and guidance on specific transactions as well as on major projects
- VAT compliance and fiscal representation (more)
- indirect tax reviews and planning
- indirect tax configuration in ERP systems
- refund applications: VAT and multi-state sales and use tax
- customs planning
- due diligence
- liaison with tax authorities
- assistance and support during tax audits and litigation
- tailored staff training
Taxand’s global team of seasoned indirect tax professionals brings you the benefit of extensive knowledge and experience in nearly 50 countries.
We work in close cooperation with colleagues in other areas of taxation as well as legal advisors to possess the full picture and maximise your business performance.
Discover how Taxand can deliver your indirect tax and VAT compliance advantage.
Talk to your indirect tax and VAT compliance Taxand advisor:
The table below provides an overview of VAT rates, VAT recovery times and distance selling, VAT registration and Intrastat thresholds in a number of EU and non EU jurisdictions. The list can be filtered by selecting the countries of relevance. Multiple countries can be selected and compared against each other. We try to update this regularly. We recommend checking with an advisor to ensure this is correct at the date you are using it. To discover your indirect tax advantage contact your nearest Taxand advisor.
|Country||Tax name||Rate %||Average VAT Recovery Time (if in a net refund position)||VAT REG Threshold||INTRASTAT Threshold||Distance selling threshold €|
|Austria||USt||Standard - 20Reduced - 10||4-8 weeks||No threshold||A: 550,000D: 550,000||35,000|
|Belgium||BTW/TVA||Standard - 21Reduced - 6; 12||6-8 weeks. Claim at the end of each quarter||No threshold||A: 700,000D: 1,000,000||35,000|
|Cyprus||FPA||Standard - 18Reduced - 5; 8||6-8 weeks||Depending on the activity performed||A: 100,000D: 55,000||35,000|
|Denmark||MOMS||Standard - 25Reduced - -||3 weeks||DKK 50,000 (Approx €6,720)||A: 523,000D: 670,000||37,600|
|Finland||ALV||Standard - 24Reduced - 10; 14||1-2 weeks||€8,500||A: 275,000D: 500,000||35,000|
|France||TVA||Standard - 19.6Reduced - 7; 5.5; 2||4 weeks after filing, if the claim is above €760. Otherwise, annual refund||€81,500||A: 460,000D: 1||100,000|
|Germany||Ust||Standard - 19Reduced - 7||4 weeks||No threshold||A: 500,000D: 500,000||100,000|
|Greece||FPA||Standard - 23Reduced - 13; 6.5||2 months to 1 year, but maybe up to 3.5 years for refunds above €30,000||No threshold||A: 100,000D: 90,000||35,000|
|Ireland||VAT||In practice 2 - 3 weeks is the average time. If any queries are raised by tax authorities or if the refund is substantial, it may take longer||€37,500 in the case of persons||A: 191,000D:|
|Italy||IVA||Standard - 22Reduced - 4; 10||90 days after filing of the annual return. Maybe longer but interest will be due.||€ 30,000||A: 50,000D: 50,000||35,000|
|Luxembourg||TVA/MwSt||Standard - 15Reduced - 3; 6; 12||After the assessment of the annual returns (the Tax Authorities have 5 years to assess the annual VAT returns)||€ 25,000||A: 200,000D: 150,000||100,000|
|Malta||VAT||Standard - 18Reduced - 5; 7||5 months||€7,000||A: 700D: 700||35,000|
|Netherlands||BTw||Standard - 21Reduced - 6||4-6 weeks||No threshold||A: 900,000D: 900,000||100,000|
|Norway||MVA||Standard - 25Reduced - 15; 8; 0||3 weeks||NOK 50,000 (Approx. €6,600)||A: N.A.D: N.A.||N.A.|
|Poland||VAT||60 days after the filing of the return. Up to 180 days in case of no taxable sales||PLN 150,000 (Approx. € 38,400)||A: 264,000D:|
|Portugal||IVA||2 to 3 months. Maybe longer for larger refund.||No Threshold (€ 10,000 in certain spec)||A: 200,000D:|
|Romania||TVA||5 days for VAT returns with low risk; 45 days for other VAT returns (in practice it could last up to 6 or even 12 months)||RON 220,000 (Approx. € 65,000)||A: 113,600D:|
|Spain||IVA||6 months for established VAT payers; 1 month under certain conditions; 8 months for non-established VAT payers||No threshold||A: 250,000D:|
|Sweden||MOMS||3-5 weeks||No threshold||A: 500,000D:|
|Switzerland||MWST/TVA/IVA||60 days after the filing of the return||CHF 100,000 (Approx. € 83,200)||A: N.A.D:|
|UK||VAT||Standard - 20%Reduced - 5%, 0%||30 days||₤ 79,000 (Approx. € 95,000). No threshold for businesses without a UK establishment||A: 715,000D: 295,000||83,000|
Looking beyond the numbers
We understand supply chain processes, accounting practices and VAT rules as well as how to correctly file VAT and Intrastat returns and properly report transactions. This blend of expertise means we go beyond number crunching to ensure compliance, spot opportunities and identify risks. By including fiscal representation capability and interim VAT management resources too, we deliver a full service, meeting all of your obligations.
Latest software and bespoke
VAT Compliance Services
We deliver a range of VAT Compliance services: single country, pan-European or globally; co-sourced; outsourced or in-sourced:
Global VAT Compliance Team
Taxand's Global VAT Compliance team combines advisory expertise with full compliance know-how to deliver VAT Compliance services worldwide.
As well as our specialist local indirect tax advisors Taxand has a dedicated VAT Compliance team based in the Netherlands. Our interim VAT management resources service means we can provide skilled specialists to work in your offices on secondment or we can work as your outsourced or co-sourced advisors. Whatever your needs, each of our client relationships is managed personally through one Taxand partner coordinating all queries and delivering a central service for you
The Taxand global indirect tax service line hosts bespoke client seminars designed to present topical indirect tax issues to clients and to offer networking opportunities with Taxanders and peers around the world. In addition, Taxand regularly contributes to industry conferences, webinars, workshops and networking events run by third parties.
The Taxand VAT Knowledge Portal has been designed to help you address the VAT challenges within your business by providing access to the latest:
- VAT rates
- ECJ cases
- Invoicing requirements
The Taxand VAT Knowledge Portal allows you to tailor the website content to review your specific VAT commitments across 30 countries. It’s searchable by country, keywords, case names, articles and more.
With regular legislative changes and fluctuating VAT rates, remaining VAT compliant is a real challenge. The Taxand VAT Knowledge Portal is a support tool for understanding your VAT filing obligations, is vital to reducing your indirect tax costs, establishing efficient indirect tax structures, preventing leakage and averting the negative effects of non-compliance. With authorities worldwide becoming more vigilant, it is increasingly important to get your VAT compliance right.
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