The End of the VAT exemption for goods up to €22 – No Transitional Period
22 June 2021
As from 1st July 2021, the European Union will introduce new VAT e-commerce rules to...
series €5 started circulating in the euro area on 2 May 2013. On 13 January
2014 Yves Mersch, member of the ECB's Executive Board, unveiled the second
banknote of this series, the €10, at a press conference in Frankfurt am Main.
The security features of this banknote were made public several weeks earlier
in a game that is still online. The new €10 will start circulating on 23
September 2014. The other banknotes in the series will be introduced gradually
over several years, in ascending order. The denominations remain unchanged: €5,
€10, €20, €50, €100, €200 and €500.
and the national central banks of the Eurosystem are conducting an information
campaign about the Europa series, which includes a dedicated website. The
campaign aims to help the public recognise the new notes and their security
features. In April 2013, the Eurosystem sent information materials on the new
series and specifically on the €5 to professional cash handlers working in over
3 million shops and banks in the euro area. It will be doing the same for the
new €10 in 2014.
addition, the information campaign on the new €10 will include a Eurosystem
Partnership Programme to help banknote equipment manufacturers (BEMs) and
suppliers on the one hand, and their clients and users on the other, to prepare
for the introduction of the new banknotes. There are many advantages in
becoming a partner ahead of the issuance of the new €10.
are available on the ECB's website of banknote authentication devices and
handling machines which have been tested by the Eurosystem central banks and
been adapted to recognise the new €5 banknotes. Similar lists for the new €10
banknotes will be published in 2014 after the machines and devices have
undergone the same testing. Of course, the new €5 and €10 can also be easily
checked using the simple "FEEL, LOOK and TILT" method, as with the
first series of euro banknotes.
Details of the
list can be found at: http://www.ecb.europa.eu/euro/cashprof/cashhand/devices/html/results.en.html
The Malta Chamber of SMEs represents over 7,000 members from over 90 different sectors which in their majority are either small or medium sized companies, and such issues like the one we're experiencing right now, it's important to be united. Malta Chamber of SMEs offers a number of different services tailored to its members' individual requirements' and necessities. These range from general services offered to all members to more individual & bespoke services catered for specific requirements.
A membership with Malta Chamber of SMEs will guarantee that you are constantly updated and informed with different opportunities which will directly benefit your business and help you grow. It also entails you to a number of services which in their majority are free of charge and offered exclusively to its members (in their majority all free of charge).