Supplying services to Turkey and Australia
4th June 2015
Turkey is considering whether to bring electronically supplied services supplied by non-resident businesses to Turkish consumers within the scope of Turkish VAT. In principle, such supplies are already taxable in Turkey but, as there is no registration mechanism for non-resident entities and no reverse charge mechanism for consumers, it is not possible to account for the VAT due.
We understand that discussions are continuing and there is no timetable for the introduction of any new legislation or guidance.
In Australia their Budget announced that there would be GST due on a range of services supplied to Australian consumers by suppliers based outside Australia. While many countries are looking to introduce such a mechanism for digital services only, in Australia the proposed measures are not restricted to only to digital products and will include, amongst other things, intellectual property and rights.
It appears that some form of simplified GST registration/reporting scheme is envisaged and it is possible that, for some supplies, the liability to account for GST might be passed to the customer in Australia. The changes are planned to take effect on 1 July 2017.
Tories plan VAT tax bombshell after election - hitting struggling families with financial blow - Mirror.co.uk
21 April 2017 20:17
Could a tax on meat help us save the planet? - The Guardian
21 April 2017 05:50
UK lost up to £1.5bn from VAT evasion by foreign online retailers - Financial Times
19 April 2017 16:22
Investment Trusts Lose VAT Battle In UK Supreme Court - Law360 (subscription)
11 April 2017 19:44
Reality Check: Do Labour's sums add up on free school meals? - BBC News
6 April 2017 18:31
VAT on fees? Our greedy private schools have it coming - Spectator.co.uk (blog)
6 April 2017 08:35
Criminal gangs use UK ports to defraud EU customs - BBC News
5 April 2017 20:03
Uber faces big VAT bill if tax campaign wins in UK court - International Tax Review
30 March 2017 16:52
More on the UK Government consultation that marketplaces collect VAT - Tamebay
30 March 2017 08:34
UK Considers Response To Construction Industry VAT Fraud - Tax-news.com
29 March 2017 16:13