February 20, 2025
The following updates in VAT Filing will be released in UAT on February 20, 2025, and in PRD on February 24, 2025.
New and improved
- CN8 Codes
- We have updated the CN8 code to the latest version.
Bug fixes
- API
- We fixed a problem that caused the first notification to fail when importing transactions with COAPI.
We fixed a bug that caused the import process to fail with large data using COAPI.
- Child Account
- We fixed a bug that caused the drilldowns not to be created in accounts that were created through a child account.
- Past Imports, Run Analysis, and Run Reconciliation
- We fixed a problem where edits didn't apply to the reverse charge line in reverse charge transactions.
- Returns
- We fixed a taxable amount discrepancy between a return card overview and a return form.
- Return details
- We fixed a problem that caused a return form to break when edited multiple times.
Regulatory updates
- Singapore
- We corrected the numbering of these VAT codes to make sure transactions are automatically reported in the correct purchase-output code, resolving the issue with the assigner code logic.
Current VATCode New VATCode SG140501-Purchase-O-SR-Domestic purchase of trade goods with reverse charge SG121502-Purchase-O-SR-Domestic purchase of trade goods with reverse charge SG170001-Purchase-I-SR-Domestic purchase of trade goods with reverse charge SG121002-Purchase-I-SR-Domestic purchase of trade goods with reverse charge SG141591-Purchase-I-SR-Import of low-value goods subject to reverse charge-1 SG141092-Purchase-I-SR-Import of low-value goods subject to reverse charge-1 SG141592-Purchase-O-SR-Import of low-value goods subject to reverse charge-1 No change SG151591-Purchase-I-SR-Import of low-value goods subject to reverse charge SG151092-Purchase-I-SR-Import of low-value goods subject to reverse charge SG151592-Purchase-O-SR-Import of low-value goods subject to reverse charge No change - Luxemburg
- Luxemburg TAXE SUR LA VALEUR AJOUTEE Déclaration VAT return has been updated in VAT Filing to reflect the new schema.
- Hungary
- Hungary 2465A VAT return has been updated in VAT Filing to reflect the new schema.
- Poland
- The ESPL Goods and Services (VAT UEK) report has been activated in VAT Filing and is available for use with the Amendable option.
- Spain
- A new VATCode has been added for Box 124 in the Modelo 303 report. The mapping is as follows:
VAT code Description Taxable amount Debit Taxable amount Credit VAT amount Debit VAT amount Credit 251011ES-Sale-O-SR-Distance Sales of goods subject to the special one-stop shop regime 124 124 - - - United Kingdom
- The GB VAT Return mapping has been updated. The mapping is as follows:
VAT code Description Taxable amount Debit Taxable amount Credit VAT amount Debit VAT amount Credit GB125501-Purchase-O-SR-Domestic purchase of default service with reverse charge - - 1 1 GB125507-Purchase-O-RR1-Domestic purchase of default service with reverse charge - - 1 1 GB120531-Purchase-O-ZR-Domestic purchase of trade goods with reverse charge - - - - GB125561-Purchase-O-ZR-Domestic purchase of default service with reverse charge - - - - (New VAT Code) GB125007-Purchase-I-RR1-Domestic purchase of default service with reverse charge 7 7 4 4 New reports have been added to VAT Filing. They can be seen in the list below:
Argentina F.731 Barbados 101-4 - VALUE ADDED TAX RETURN Ecuador Formulario IVA Israel PCN 874 Japan 課税期間分の消費税及び地方消費税の Kenya VAT Return (VAT Form-3) Liechtenstein MWST-Abrechnung Panama 430 - Declaracion jurada del impuesto a la transferencia de bienes corporales muebles y la prestación de servicios (ITBMS) Taiwan 營業人銷售額與稅額申報書（401) Trinidad & Tobago VAT Return Turkey KDV1