Ministry of Finance raises VAT registration threshold to acknowledge record inflation Sweden’s Ministry of Finance has proposed raising the annual sales threshold for VAT registration from SEK 80,000 to SEK 120,000 (approximately €10,100). The threshold was last raised in 2024. This new threshold will apply
Annual VAT registration thresholds and Intrastat dispatches & arrivals The table below provides the latest European VAT registration thresholds for resident and non-resident (foreign) businesses, plus Intrastat reporting threshold. Note, the EU e-commerce distance selling thresholds were withdrawn on 1 July 2021. The EU plans 2025
Annual VAT registration threshold rises to BAM 100,000 The Bosnian and Herzegovina parliament has approved an increase in the annual VAT registration threshold. The new threshold will be BAM 100,000 (approximately €51,050 ), doubling form BAM 50,000. The registration threshold only applies to resident businesses.
EU grants derogation for rise in threshold to reduce administrative burden for small taxpayers and authorities Hungary has been given permission by the EU to raise its VAT registration threshold from the Forint equivalent of €48,000 to €71,500 per annum. This would be one of
2025 VAT in the Digital Age build on OSS returns for services The EU e-commerce VAT package on 1 July 2021 simplified VAT on distance selling of goods with the new One-Stop-Shop OSS VAT return. The VAT in the Digital Age reform pillar on Single
Baltic state to increase threshold from €45,000 to €55,000 – second highest in the EU Lithuania has drawn up legislation to increase the annual sales threshold for VAT registration. From the 1 January 2024 it will increase from €45,000 to €55,000. This would make it
Withdrawal of CHF100,000 distance selling VAT registration threshold Switzerland is to follow the EU and many other countries by ending the VAT registration threshold for non-resident e-commerce sellers to consumers. The current threshold is CHF100,000 for all global income – so not just Swiss taxable
EC paves way for increase from €65,000 to €85,000 from 1 January 2023 taking over 63,000 taxpayers out of the VAT regime The European Commission and European Council (20 Feb 2023) have backed Italy to increase its VAT registration threshold from €65,000 to €85,000 per annum.
Phased increase of annual VAT registration threshold for certain taxpayers The Portuguese tax authorities, Autoridade Tributária e Aduaneira, has confirmed a new phased increase in the VAT registration threshold for the following businesses: Not exporting or importing goods; Not obliged to complete statutory accounts; or