The UK government has introduced new VAT rules for drinks sold under Deposit Return Schemes starting October 1, 2027. Businesses won’t account for VAT on deposits, simplifying accounting, while they must adjust systems for deposit handling. Three schemes will operate across regions. The UK government has announced new VAT accounting rules for drinks sold under the country’s upcoming Deposit... Read more

The UK government is consulting on extending VAT liability to online marketplaces for domestic sellers, addressing tax fraud and ensuring compliance. Current rules, established in 2021 for overseas sellers, may inadequately cover UK businesses, particularly in retail and food sectors. The UK government has launched a consultation on extending VAT liability for online marketplaces to tackle tax fra... Read more

Fiscalization has transformed from a compliance tool reliant on hardware to dynamic, software-driven platforms linking businesses and tax authorities. The webinar was presented by Dušan Bučevac, Sales Manager at Fiscal Solutions, who covered crucial fiscalization milestones and explained how real-time data has reshaped compliance, transparency, and business decision-making. Read more

The consultation addresses online marketplaces (OMPs) and UK businesses utilizing them, including takeaway food delivery. Additional views from private non-business sellers and consumers are invited to simplify VAT rules. The 8-week consultation runs from 23 June to 18 August 2026, led by HMRC and HMT. Responses, submitted via an online form or email, will influence policy, with a summary publishe... Read more

On 23 June 2026, the UK government announced Peppol will be the framework for mandatory B2B e-invoicing starting April 2029, with a phased introduction. Initially, there are no e-reporting obligations to HMRC, following a decentralised four-corner model. On 23 June 2026, the UK government confirmed that Peppol will serve as the interoperability framework for mandatory B2B e-invoicing from April 20... Read more

SAF-T is an OECD standard for electronic accounting data exchange, proposed for UK EPOS/MPOS systems. Benefits include accurate records, fraud prevention, and audit efficiency. Read more