Immediate exit from the flat-rate scheme: the cost of goods is net of recoverable VAT

• The cost of goods is net of deductible VAT
• The forfait regime ceases to apply when revenues or compensation exceed 100,000 euros
• The immediate exit from the forfait regime will apply from the 2023 tax period
• The applicable tax rules must be coordinated with the VAT rules

Source: eutekne.info

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.