New government aims to stimulate struggling economy by reducing tax and compliance burden for small businesses UPDATE: this proposal has been paused until at least 2023. The new Czech government is aiming to increase the resident VAT registration threshold from CZK 1 million to CZK
Federal Bureau of Revenue brings many more business into tax net Pakistan is set to reduce the annual threshold above which businesses must register for Sales Tax. The new limit will be PKR 8m (approx $45k or €40k) per annum, up from PKR 10 million.
Czechia’ Ministry of Finance wants to raise its Value Added Tax registration threshold from CZK 1million to CZK 2million (approx €79,000) from 1 January 2021. This will lift over 100,000 taxpayers out of the VAT regime. The current CZK 1million threshold has been in place
The Bosnia and Herzegovina tax authorities have announced a rise in the Value Added Tax registration threshold and a range of other measures which should come into effect before the end of 2021. Bosnia moves toward European Union VAT regime The changes to the VAT
Government to lift thousands out of VAT net; cuts to supplies on reduced rates The Swedish government has proposed increasing the Value Added Tax registration threshold from SEK 30,000 to SEK 80,000 (approx. €7,900) per annum. In addition, it is proposing to switch a range
The Netherlands is to apply a retrospective Value Added Tax registration threshold of €20,000 per annum. This will apply from 1 January 2020 based on the Decree No. 2021-12740 issues in June 2021. Check EU VAT registration thresholds via VAT Calc’s live tracker. Previously, the VAT
Increase in Value Added Tax annual registraton threshold The east African state of Malawi has published its 2021/22 budget which includes a number of Value Added Tax changes. They are effective 1 July 2021. These include The VAT registration threshold is to rise to MWK
The Balkan state of Montenegro has increased its Value Added Tax registration threshold from €18,000 to €30,000 per annum. Check EU VAT registration thresholds via VAT Calc’s live tracker. The rise in the level above which businesses providing taxable goods or services must register and start
Angola has introduced a Value Added Tax registration threshold of AOA 10million per annum (approx. €13,000). Angola introduced VAT in October 2019 initially for large taxpayers. It then extended it to most businesses on 1 January 2020. For two years, smaller businesses were on a
Malta has proposed in its 2021 budget raising its Value Added Tax registration threshold for the supply of goods to €35,000 per annum. All other supplies will be €30,000. If adopted, the increased threshold will apply until 31 December 2024. Check EU VAT registration thresholds
