R2025.03 | March 2025
Key highlights
The key highlights in this release solve some of your business challenges and gives you an improved experience with our product.
Business challenge
: Tax teams need to review, precisely identify, and analyze any discrepancies in GL transaction amounts to avoid penalties and ensure accurate record keeping.Solution
: Streamline the reconciliation process and highlight any amount mismatches.Product Updates
: We are introducing the "GL Reconciliation Report - Aggregated Mismatch in Amount," which shows the aggregated Amount VAT, Amount GL, and Difference in Tax Amount, grouped by GLVATMatchField (for example, Invoice ID). This report provides a concise view of key discrepancies.Legislative updates
Thomson Reuters' content team constantly monitors changes in ONESOURCE Indirect Tax Legislation, ensuring our content supports the latest requirements from the covered jurisdictions.
Austria ESL e-filing
: The ESL XML output now reports updated values in the Services and Triangulations fields. The system changes the representation of these values from '1' to 'J' if the Indicator field is set to Yes.Czechia VAT return
: The updated PDF form now reflects the latest version, v25. The changes include adding boxes 14 and 48 and changing captions for several boxes.France VAT return
: The updated PDF form now reflects the new boxes added to the Return Summary: excise duty reporting and boxes XA, YA, and ZB.Hungary VAT return and DSLP
: The latest version, v25, is now reflected in the updated PDF form. The updates include adding boxes 14 and 48 and changing captions for several boxes.Ireland Annual Return RTD
: The scope of transactions reported in box P1 has been revised, resulting in the removal of the latest version of the following reverse charge tax codes from this box:
- Domestic Reverse charge - AP_RCDOMPURCONSRV
- Domestic Reverse charge - 100% irrecoverable - AP_RCDOMPURCONSRV100
- Intra-community acquisition of trading goods - AP_INTRAACQGDSTRD
- Intra-community acquisition of trading goods - 100% irrecoverable - AP_INTRAACQGDSTRD100
- Intra-community acquisition of various goods - AP_INTRAACQGDS
- Intra-community acquisition of various goods - 100% irrecoverable - AP_INTRAACQGDS100
- Reverse charge services - Services provided by an EU established service provider - AP_EUSUPSRV
- Reverse charge services - Services provided by an EU established service provider - 100% irrecoverable - AP_EUSUPSRV100
Simultaneously, the system includes the following tax codes, which use reduced and extra reduced tax rates, in boxes AC5 and BC5:
- Reverse charge services - Services provided by a non-EU established service provider - AP_NONEUSUPSRV
- Reverse charge services - Services provided by a non-EU established service provider - 100% irrecoverable - AP_NONEUSUPSRV100
VAT returns/listings
Austria ESL e-filing
: In the ESL XML output, the updated values for the fields "Services" and "Triangulations" now use 'J' instead of '1' when the "Indicator" field is set to Yes.Czechia Control Statement
: The logic for the "Date of Tax Liability" field in the A.2 section of the Czechian VAT Control Statement now matches the logic used for sections A.4./A.5. and B.2./B.3. Users can import values into the fields "Taxable Supply Date," "Invoice Date," or "Reporting Date," and the system will display the final "Date of Tax Liability" based on a rule that prioritizes the "Date of Supply." If the "Date of Supply" is missing, the system will populate the "Invoice Date" or, if necessary, the "Reporting Date."Hungary DSPL
:
- A new tax code has been introduced to enable reporting of invoices and corrective credit notes where the original invoice transaction must be referenced in the DSPL report but not included in the VAT return. In this scenario, users will import 2 lines: the original invoice with Document Type E, which will be included in the listing but not in the VAT return, and the corrective credit note with Document Type KT, reported in both the listing and VAT return.
- The team has implemented revised logic to ensure that the original invoice with Document Type E transfers to both the invoice listing section 02 and section 02-K if it is imported in the same period as the corrective Credit Note with Document Type KT.
- The format for amount values was updated. Starting in January 2025, M-Sheets (2565M) values and values in boxes 105-108 will be declared in exact values, not in thousands.
Netherlands Intrastat
: The field "Statistical Procedure" is no longer required for reporting, so it has been removed from the listing sheets. It will be hardcoded to "00" in the filing output according to TXT requirements.Portugal
: We identified an issue with the select$ on column AK for EU countries, specifically a typo with PL. We updated the Annex II - List of Suppliers so that any transactions with PL suppliers now display the accurate value in the prefix column, resolving the minor issue that was preventing successful display.Slovakia Control Statement
: We updated the formula for the 'Tax rate' column in the VAT Control Statement to include the new rates of 23% and 19%.Slovakia VAT return
:
- A fix now includes nil values from the VAT Return in the XML output to prevent structural errors during XML export. This change aligns with the requirement to include all return boxes in the XML, even if they have no value.
- We updated the formulae for the following partially recoverable tax codes to ensure the correct values are captured in the return:
- Domestic purchase of goods – partially recoverable - AP_DOMPURGDSXT and AP_DOMPURGDSXD
- Intra-community acquisition of goods – partially recoverable - AP_INTRAACQGDSXD and AP_INTRAACQGDSXT
Spain
: We updated the mappings of tax codes AP_DOMPURGDS_DB and AP_DOMPURGDS_DB to ensure both transfer to boxes 28 and 29 of the VAT return. While the tax rates of 2% and 7.5% no longer apply to reporting in 2025, these mappings are still required if a taxpayer needs to deduct input VAT at those rates for the following four-year period.UAE
: The format of the net amount in the Partial Exemption Summary sheet has been adjusted to display the value as a decimal with 2 places, matching the rounding rules used elsewhere in the return.Invoice Type (Invoice & Credit Note) presentation in a return
: Invoice type lines (Invoice & Credit Note) now appear in 2 different rows in the return instead of being aggregated into one. This change provides greater visibility of adjustments to INV/CN amounts. If invoice type overrides are used in the import specification, such as treating negative amounts as INV, data is aggregated into a maximum of 4 rows per tax code, defined as follows:
- Positive value, INV
- Negative value, INV (Adj flag ticked)
- Negative value, CN
- Positive value, CN (Adj flag ticked)
This update applies to the following jurisdictions: Denmark, Australia, Malaysia, and Colombia.
Returns
Australia GAT: BAS sheet update
: We addressed an issue where the "BAS details" sheet in AU GAT didn't display the end date for some AU GST monthly returns. Now, it correctly shows all end dates for accurate consolidation.Other updates
- Streamlined the "Configuration > Mappings" menu with improved error messaging: We made a significant update to the 'Configuration > Mappings' menu to enhance the user experience. They focused on delivering clearer and more precise error messages, enabling users to understand quickly and address configuration issues. This refinement aims to streamline the setup process, minimize frustration, and save valuable time.
- Updated the Help Link to redirect users to the new OIC Help Section: This change provides enhanced support and more specific guidance tailored to our users' needs. The updated link is live and accessible immediately. We encourage users to visit the new OIC Help portal to familiarize themselves with the enriched resources and support tools available.
- Added a "Return Periodicity" column to the 'Audit Upload Details' screen: We added a new "Return Periodicity" column to the 'Audit Upload Details' Screen in ONESOURCE Indirect Compliance (OIC). This enhancement is designed to provide users with clearer insights into the frequency of required audit submissions directly from the upload interface. The column is now available for use and aims to facilitate better planning and compliance tracking.
- Resolved a display issue on the 'All Returns' screen: This update addresses a filter issue that prevented the display of certain datasets, ensuring all datasets are now visible and accessible to users. This enhancement improves the functionality and reliability of the filtering system. We encourage users to verify this update's effectiveness by reviewing the datasets on the 'All Returns' screen.
- Implemented a fix for an issue with generating returns using the edit dataset feature: This update resolves the issue and restores full functionality, ensuring that users can now generate returns without encountering errors.
- Introduced the "GL Reconciliation Report - Aggregated Mismatch in Amount" report: This new standard report focuses on transactions with 'mismatches in amount' and provides a concise view at the GLVATMatchField level. This enhancement streamlines the reconciliation process by efficiently highlighting critical discrepancies.
- The GLVATMatchField is typically the Invoice ID, but it can also be the Document ID, a combination of Entity Code and Invoice ID, or another factor selected for reconciliation during implementation.
- The new report features aggregated data for 3 key columns, with transactions grouped based on the GLVATMatchField:
- Amount VAT
- Amount GL
- Difference in Tax Amount
noteUsers can refer to the existing GL Reconciliation report for a detailed breakdown of amounts.
- Enhanced exchange rate validation: We improved the Exchange Rate Configuration screen with a new validation rule. This ensures that only positive exchange rates, up to 9 decimal places, are accepted. Any attempt to input a zero or negative exchange rate triggers an error message, preventing potential conversion issues. This update applies to both manual entries and API submissions, ensuring consistency and reliability across the platform.On-screen error:
API error:
- Corrected the NL receipts submission time display: The issue with the incorrect filing time on NL receipts has been resolved. Previously, the receipt displayed the submission time from OIC. It now correctly displays the time the return is submitted to the tax authority. To maintain consistency with the response from the NL TA, the time displayed is in the UTC time zone.Before correction:
After correction:
- Enhanced the RO SAF-T Reports: We added a new parameter, Header Comment, which lets users input a value that will be included in the header section of the XML. This enhancement applies to the following reports:
- SAF-T Romania Annual Report
- SAF-T Romania On Demand Report
- SAF-T Romania Periodic Report (Double Entry)
- SAF-T Romania Periodic Report (No Accounting)
Content template versions
VAT3AE17_6_154_TPL.XML
VAT3CZ16_8_404_TPL.XML
VAT3CZGRP16_8_250_TPL.XML
VAT3HU15_12_392_TPL.XML
VAT3HUGRP15_12_308_TPL.XML
VAT3IEANN14_9_117_TPL.XML
VAT3IEANNGRP14_9_72_TPL.XML
VAT3ES16_11_526_TPL.XML
VAT3ESANN15_11_187_TPL.XML
VAT3ESANNGRP15_11_180_TPL.XML
VAT3ESGRP16_11_356_TPL.XML
VAT3FR15_10_255_TPL.XML
VAT3FRGRP15_10_194_TPL.XML
VAT3NL14_10_399_TPL.XML
VAT3NLGRP14_10_268_TPL.XML
VAT3PT15_10_320_TPL.XML
VAT3PTGRP15_10_220_TPL.XML
VAT3SK16_8_301_TPL.XML
VAT3SKGRP16_8_228_TPL.XML