The European Commission will next week launch an initiative to harmonise forms to claim back value-added tax, in an attempt to reduce the administrative burden faced by businesses. In the absence of ...

VAT Return/Tax Return is a periodical statement which summarizes the value of the supplies and purchases made by a taxable person during the tax period. It shows the taxable person’s VAT liability i.e ...

Algirdas Šemeta, the European commissioner in charge of taxation, has proposed a uniform VAT return, in a move to simplify EU law. As part of the EU's end-of-term push to cut red-tape for businesses ...

Under the existing system, paper VAT returns submitted by taxpayers are entered into the e-VAT System through the Central Processing Centre (CPC) of the respective VAT Commissionerates.