New VAT rules

Article 30 of the Finance Act 2022 amends the existing VAT rules on the following subjects :

• Replacement of the exchange of goods declaration (EOG) by 2 separate declarations on 1st January 2022,
• Generalisation of the reverse charge of VAT on imports,
• Application of the reduced rate of 5.5% to products intended for human consumption,
• Exigibility of VAT on payments on account for supplies of goods from 1st January 2023.

Read a full documentation here :2022/01/2022-01-new-vat-rules-crowe-fidelio-en-0.pdf