ICAEW.com works better with JavaScript enabled.

TAX NEWS

EU VAT in the digital age package: ICAEW responds

Article

Published: 14 Apr 2023 Update History

ICAEW’s Tax Faculty members provide comments on the European Commission’s legislative proposals.

The EU commission recently consulted on its legislative proposals to implement its VAT in the digital age (ViDA) package. The commission made proposals for a directive, a regulation and an implementing regulation with respect to the introduction of its proposals. 

The ViDA package covers: 

  1. VAT reporting obligations and e-invoicing;
  2. the VAT treatment of the platform economy; and
  3. the single (place of) EU VAT registration. 

Based on feedback from members, ICAEW’s Tax Faculty made comments on all sections of the proposals in ICAEW REP 28/23.  

The faculty focused on the timelines proposed for implementation of the proposals and suggested that the lead-time be extended for the introduction of EU-wide obligations.  

The faculty also noted a couple of areas of the legislative proposals that needed further clarification, including a request for a definition of ‘platform’ to be included in the legislation. 

The EU commission is expected to publish a summary of responses in the coming weeks. 

The Tax Faculty

ICAEW's Tax Faculty is recognised internationally as a leading authority and source of expertise on taxation. The faculty is the voice of tax for ICAEW, responsible for all submissions to the tax authorities. Join the Faculty for expert guidance and support enabling you to provide the best advice on tax to your clients or business.

More support on tax

ICAEW's Tax Faculty provides technical guidance and practical support on tax practice and policy. You can sign up to the Tax Faculty's free enewsletter (TAXwire) which provides weekly updates on developments in tax.

Sign up for TAXwireJoin the Tax Faculty

More from the Tax Faculty

Latest news
Making tax digital image
TAXwire

Stay up to date with the latest developments in tax by signing up to the Tax Faculty's weekly e-newsletter

Practical guidance
Cover
TAXline

Comprehensive support for Tax practitioners each month from the Tax Faculty and expert contributors.

Technical support
Tax Faculty image
Webinars

Expert advice from the Tax Faculty's technical managers on all the developments in tax policy and practice.

Open AddCPD icon

Add Verified CPD Activity

Introducing AddCPD, a new way to record your CPD activities!

Log in to start using the AddCPD tool. Available only to ICAEW members.

Add this page to your CPD activity

Step 1 of 3
Download recorded
Download not recorded

Please download the related document if you wish to add this activity to your record

What time are you claiming for this activity?
Mandatory fields

Add this page to your CPD activity

Step 2 of 3
Mandatory field

Add activity to my record

Step 3 of 3
Mandatory field

Activity added

An error has occurred
Please try again

If the problem persists please contact our helpline on +44 (0)1908 248 250