Rise in VAT registration threshold to €62,500 1 July 2024 The Slovakia has gazetted an increase in the Value Added Tax threshold from €49,750 to €62,500. The original plan was for a €75,000 threshold. Check all European VAT registration thresholds in our live tracker. This
The EU is undertaking an extended program of reforms to its Value Added Tax regime. This commenced with the 2016 Tax Action Plan, containing over ten reforms included the later separated 1 July 2021 e-commerce VAT package and the new VAT in the Digital Age
Potential introduction of reverse charge on B2B sales by non-residents The South African National Treasury is looking at ending the obligation on non-resident providers and digital platforms to charge VAT on digital services to VAT-registered businesses. Instead, the reverse charge would apply, leaving the reporting
Government proposes 2026 switching accommodation and cultural services from 9% reduced rate to 21% standard rate The Dutch government has concluded a review of the use of the 9% reduced VAT rate and will make the following reclassifications from January 2026: Accommodation (except camping) will
EU VAT in the Digital Age drops proposal to extend VAT deemed supplier obligations on facilitating marketplaces Marketplaces, or ‘electronic interfaces’ have been let off the hook for taking responsibility for their EU-resident sellers’ B2C goods transactions as part of the EU VAT in the
Government confirms 1.5% VAT rise to 25.5% 1 Sept 2024; further reduced rate rises Jan 2025 The Finnish government has confirmed that the proposed VAT increase from 24% to 25.5% will go ahead on 1 September 2024, but is subject to Parliamentary approval. This will
Non-residents VAT obligations for electronic services The island archipelago of Cape Verde imposed Value Added Tax on foreign providers of digital services to its consumers in January 2022. The obligation only applies to non-resident providers identified by the Ministry of Finance in a regularly updated
