VAT News January 2011

Austria

new flight aviation tax introduced requiring a fiscal representative

France

Finance Minister quashes rumour of VAT increase to subsidise salary tax cut

Greece

proposed new instalment payment scheme for VAT payments

Japan

proposes Consumption Tax rise in 2012

Romania

offers the prospect of a 2% VAT cut in next two years

South Africa

rumours of a VAT increase in February's budget

UK

now charging VAT on the supply of corporate jets

Ukraine

revised standard invoicing rules