Flat-Rate Scheme – Could it benefit your business?
What is the Flat-Rate scheme? The flat-rate scheme is an alternative way for businesses to calculate Value-Added Tax when they are filing their VAT return. When using the Flat-Rate scheme, a business calculates their turnover from the sales they have made (including...
Tax Avoidance V Tax Evasion – What’s the difference?
Let’s face it. Nobody likes paying tax. It is a necessary duty we all have to perform, even if we don’t necessarily like it. So here is a thought. Can a good tax accountant help me save money? Yes, he can. And more so, he can help you stay within the law. Careful!...
The European Commission request to withdraw Germany’s F22 VAT certificate
The new German VAT law has existed since January 2019, and was designed to eliminate VAT fraud in Germany by making online marketplaces liable for any unpaid VAT from third-party sellers on its platforms. According to research, VAT fraud costs EU member states as much...
