WebApr 21, 2024 · Entering new domestic markets, expanding globally or joining international supply chains means dealing with complex indirect tax regimes. You need to stay on top … WebGrant Thornton UK LLP is part of a global network of independent audit, tax and advisory firms, made up of some 58,000 people in over 135 countries. We're a team of …
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WebApr 3, 2024 · A simplified visualization of said presumption looks as follows: Source: Grant Thornton Germany. As a consequence, the reporting liability of VAT from the individual suppliers shifts to the online platform itself. This means that the online platform is obliged to report VAT on the entire price of the electronic service, not only on the ... WebApr 19, 2024 · The VAT Directive (Council Directive 2006/112/EC of 28 November 2006) lays down simplification rules for the VAT taxation of real triangular transactions. If certain criteria are met, the VAT on triangular transactions is levied only in the member state of the final recipient. This means that the first supply by the supplier from the member ... impact on supply chain management
Justin Reid - Senior Manager - Grant Thornton LLP
WebThe basic VAT place of supply rules – the rules that determine where a supply of goods or services takes place – sometimes lead to an outcome which results ... ‘Grant Thornton’ refers to the brand under which the Grant Thornton member firms provide assurance, tax and advisory services to their clients and/or refers to one or ... WebJan 10, 2024 · Grant Thornton offer a different approach to managing global mobility. We have brought together specialists from our tax, global payroll, people and change and financial accounting teams across … WebOct 1, 2015 · Yes. No. 2.10 Sundry income. Are you accounting for VAT on sundry income, e.g, phone box receipts, toilet and vending machine receipts. Has VAT been accounted on the disposal of obsolete stocks or business assets. 2.11 Staff canteen. VAT must be accounted for on canteen receipts or if the canteen is fully subsidised, VAT may need to … impact on the amenity meaning