In a media release dated 15 October 2026, the Tax Administration of Kosovo announced that tax revenues collected from January through September 2026 reached €908.8 million, representing an increase of €114.5 million (14.5%) compared to the same period in 2025. Notably, this revenue growth coincides with a 22% reduction in the number of penalties issued,
Kosovo：Kosovo Tax Revenue Nears €1 Billion with Higher Compliance Read More »
On 15 October 2026, the Spanish Tax Agency published the Statistics on Homes Transferred in the 2024 Personal Income Tax (IRPF). This annual dataset captures all residential property disposals declared by individual taxpayers in their 2024 income tax returns, including primary residences, second homes, and inherited/donated properties subsequently sold. The statistics detail the number of
Spain: Spain Releases 2024 Personal Income Tax Home Transfer Statistics Read More »
The UK government launched a consultation on 15 October 2026 proposing reforms to the Plastic Packaging Tax (PPT). Key proposals include raising the recycled content threshold from 30% to 50% by 2028, expanding the tax to cover imported filled packaging, and introducing a variable rate based on recyclability. The consultation runs until 15 January 2027.
United Kingdom：UK Consultation Launched on Plastic Packaging Tax Reforms Read More »
On 15 October 2026, tax officials from the Moscow Directorate of the Federal Tax Service held a mobile consultation point in the Eastern Administrative District of Moscow to assist residents with questions regarding their property tax notifications. Specialists explained the calculation details, verified property data against the Unified State Register of Real Estate, and helped
Russia: FTS Assists Eastern Moscow Residents with Tax Notice Queries Read More »
Austria has implemented a 0% VAT rate for the supply and installation of photovoltaic (PV) modules effective from 1 January 2026, in line with EU Directive 2022/542 allowing reduced rates for green energy technologies. The measure applies to both the modules and essential installation services when supplied as a single contract. The Federal Ministry of
Austria：Austria Introduces 0% VAT Rate for Photovoltaic Modules Read More »
From 15 October 2026, HMRC has launched a new online service for submitting Climate Change Levy (CCL) returns, replacing the paper-based form CCL303. The digital service integrates with the Business Tax Account, allowing businesses to file, amend, and pay CCL liabilities in real time. The move aligns with HMRC’s broader digitalization strategy and mandatory MTD
United Kingdom：UK HMRC Launches Online Service for Climate Change Levy Returns Read More »
On 15 October 2026, NAV revealed the results of its consultation with the tax profession regarding the future of the ÁNYK (electronic tax return) system. Based on feedback, NAV proposes a phased, multi-year transition to modern digital services instead of a hard cutoff on 31 December. The first phase would target large corporations’ VAT returns,
Hungary: NAV Proposes Phased Digital Transition Replacing ÁNYK Read More »
As part of a targeted relief package, Austria has reduced the VAT rate from 10% to 5% on a defined list of basic foodstuffs effective 1 January 2026. The list includes bread, cereals, milk, eggs, fruits, vegetables, and meat, aligned with the Combined Nomenclature (CN) codes. The Ministry of Finance published extensive classification guidance to
Austria：Austria Reduces VAT on Selected Food Items Read More »
On 15 October 2026, the Chartered Institute of Taxation (CIOT) wrote to HMRC requesting clarification on the interaction between interest relief restrictions (ITTOIA 2005, s. 381A) and capital withdrawals from property businesses. The issue arises when landlords withdraw capital (e.g., via refinancing) and the impact on the ‘relevant loan’ calculation for interest deduction caps. Current
United Kingdom：UK CIOT Seeks Clarity on Interest Relief After Capital Withdrawals Read More »
On 15 October 2026, the Greenland Tax Agency confirmed that the 2025 tax refunds (akiliinerit) for both individual and corporate taxpayers have been successfully paid out to bank accounts in Greenland and Denmark. The disbursement was executed through an upgraded IT infrastructure that interfaces directly with the National Bank of Greenland (Namminersorlutik Oqartussanit) and the
Greenland: Greenland Tax Refunds Disbursed via IT Upgrade to National Bank Accounts Read More »
