Il EU Ecofin Council He foundThe contract On the new rules for the implementation ofIowa In the digital age, the aim is to fight tax evasion, support businesses and promote digitalisation. The new e-invoicing and value-added tax payment rules will also affect online platforms specializing in short-term accommodation, e.g. Airbnb, and passenger transport, which in almost all cases will incur VAT, however, individual suppliers no longer charge it.
What does the EU VAT reform provide?
As announced by the EU Ecofin Council. Reforms in the VAT system Provides a directive, a general regulation and an implementing regulation which will make changes in various aspects simultaneously. Going into more detail, the following is the prediction:
- to complete Digitization VAT reporting obligations for cross-border transactions by 2030;
- Application of Digital platforms Paying VAT in almost all cases on both short-term accommodation and passenger transport services where suppliers do not charge VAT today. However, individual states are left with the discretion to exempt small and medium-sized businesses from supplier regulations.
- Expansion and improvement of One stop shops VAT online, so that companies do not have to bear the costs of VAT registration in each EU state where they operate.
Time for EU VAT reform
For the request of EU VAT reforms A plan was made The road map A very detailed multi-step process. The new EU system will be fully operational. 2030while all national systems of member states must be interoperable. 2035.
As for the formal approval of the reform, please note that the EU Parliament already expressed its opinion in favor of it in November 2023, but had to vote again in view of the changes made to the Directive. will Only then can the text be adopted by the EU Council and published in the Official Journal of the EU to enter into force.
What changes for short-term rentals?
As mentioned earlier, the application of EU VAT reforms will be progressive, especially for the food sector rent short. In this case, in fact, the Member States are already in the phase of regulatory and financial restructuring that constitutes its introduction. CinNational Identification Code.
So platforms like Airbnb will follow a slightly different timetable:
- Starting from the month of July 2028 It is assumed that the VAT collection and payment system of the platforms is optional.
- And January 2030However, it will be mandatory, with platforms to have a VAT liability profile in all cases in which the person offering the fare is not subject to a VAT position.
Electronic invoicing, measures
A multi-purpose route has also been planned for this. Electronic receipt which, as planned, will be implemented fully and on a uniform basis across the EU only from 2035. The Union thus intends to allow all the different financial administrations to adapt to an interoperability hub linked to the communication of intra-community operations, which is expected to start in the second half of 2030. Simplify Thanks to the system for massive invoice compilation, especially pre-compiled declarations and efficient payment forms.
