VAT Rates in UE

VAT News Find out what the 2023 VAT rates are in EU countries VAT (Value Added Tax) is an indirect consumption tax that applies to goods and services in European Union (EU) countries. VAT rates vary considerably from country to country: for example, in 2022, the standard VAT rate in France was 20%, while in […]

VAT audit and the reliable audit trail

VAT Guide VAT audit and the reliable audit trail VAT auditing is an important process for businesses, as it allows them to verify the compliance of their VAT returns and avoid financial penalties. There are several methods to perform a VAT audit, but the reliable VAT audit trail is considered one of the most effective. […]

VAT on electric vehicles in Norway

VAT VAT on electric vehicles in Norway In Norway, from 1 Jan 2023 VAT on an electric vehicle will be applied to the portion of the purchase value exceeding five hundred thousand NOK. (of purchase value). Then, the car will be subjected to the standardised rate.   So put in simple terms, if you pay 500.100 […]