Serbia has introduced significant amendments to its VAT Rulebook, effective from the April 2026 VAT period. Key changes include mandatory SEF self‑invoicing using the “Individual VAT Record – Internal account” document type, new rules for VAT base estimation, adjustments, discounts, and goods returns, and simplified timing and consolidation of adjustment documents. These reforms tighten compliance and digital reporting requirements across the country.
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Pagero · 5 months ago
Serbia’s new e‑invoicing law, adopted in Official Gazette No. 109/2025, introduces mandatory e‑invoicing for retail sales to corporate cardholders and public sector entities, postpones pre‑filled VAT returns to 2027, and requires internal invoices to be generated in the SEF system. The Ministry of Finance also released SEF version 3.14.0 with new validation and reporting features.
RTC Suite · 5 months ago
Serbia’s 2026 VAT amendments overhaul reporting, invoicing and timing rules, with most provisions taking effect on 1 April 2026. The changes tighten internal invoicing requirements, postpone the pre‑filled VAT return model to 2027, and expand the scope of electronic invoicing (SEF) for internal invoices. Businesses must adjust ERP systems and compliance workflows to meet the new deadlines and documentation mandates.
Irish News · about 2 hours ago
The UK Government has announced a temporary VAT cut for Northern Ireland hospitality, reducing the rate on tickets for theme parks, zoos and museums from 20% to 5% for the summer holidays of 2026. The move is part of a broader push to align Northern Ireland’s rates with the Republic of Ireland, where food and hospitality services will fall to 9% later this year. The decision is seen as a proof point for differentiated VAT policy to support the sector.
The Invoicing Hub · about 9 hours ago
Spain’s tax authority released technical guidance for the upcoming SPFE e‑invoicing mandate, detailing a phased rollout: large companies by Oct 2027, small businesses by Oct 2028, and self‑employed by Oct 2029. The guidance covers the EN 16931:2026 UBL 2.5 standard, API and security requirements, and a developer sandbox available from Oct 2026.
VatCalc · about 14 hours ago
Ukraine's tax authorities have issued guidance clarifying that SaaS, software licences, and digital content are treated as services for VAT purposes. Non‑resident providers and marketplaces must register for VAT in Ukraine from 1 January 2022, with a UAH 1 million threshold, and file simplified quarterly returns within 40 days of each quarter. The standard VAT rate is 20%, and VAT due can be paid in USD or Euro if opted at registration.
VATCalc · 2 days ago
Continuous Transaction Controls (CTCs) are shifting VAT review from post‑return to real‑time monitoring, driven by e‑invoicing and e‑reporting mandates across the EU. The EU requires intra‑community transactions to be e‑reported within 10 days, while Spain and Poland have tighter deadlines of 4 days and live e‑invoicing to KSeF, respectively. VATCalc offers a single tax engine that integrates VAT determination, e‑invoicing, e‑reporting and return preparation for 30+ countries.
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Key Takeaways
The ‘Individual VAT Record – Internal account’ document type must be used for all self‑invoices created within SEF.
VAT base adjustments must be reported in the tax period in which the change occurs.
Businesses may use the last day of the relevant VAT period to identify the date of a VAT base adjustment.
Yes, a single consolidated adjustment document may cover multiple increases or decreases within the same tax period.
Primary source
Read the full article at VatCalcThis summary was published on VATfaqs.com on 14 May 2026. It relates to VAT developments in Serbia. The original source is VatCalc.
