- Austria plans to increase the VAT registration threshold from €35,000 to €42,000
- The change is part of the 2024 Tax Amendment Act
- The adjustment is in response to inflation and aims to include more microbusinesses in the VAT scheme
- This is part of an EU-wide movement to include more businesses in the VAT scheme by 2025
Source: fiscal-requirements.com
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.
Latest Posts in "Austria"
- No VAT Exemption for Chiropractic Treatment Without Medical Prescription, Supreme Court Ruling 2025
- Tax Treatment of Paid Waiver of Pre-Emption Rights as Independent Supply under § 2(1) UStG
- Reopening Tax Proceedings: Legal Requirements and Consequences of Insufficient Reasoning
- No Input VAT Deduction for Intra-Community Supplies, Even if VAT Was Incorrectly Charged
- VAT Liability for Payments Due to Early Termination or Payment Default in Online Service Contracts
