VAT split payments updates

Poland

Poland recently announced that the introduction of the 'anti-VAT fraud split payments regime' will be delayed until April 1, 2018 (instead of the original implementation date of January 1, 2018).

Romania

The Romanian Government has recently passed legislation on the VAT split-payment mechanism that will be introduced on a voluntary basis from October 1, 2017. This with the aim to make it compulsory for all VAT registered businesses from January 1, 2018, although still several lobbies are undertaken to postpone or change this split-payment mechanism.