A new year means a raft of new VAT regulations; and nowhere is this more apparent than across the European Union (EU).
Here are three new VAT mandates that either came into effect on 1st January 2025 or are due to be enacted in the early part of this year.
- 1. New VAT registration threshold for EU businesses selling in other member states
- 2. New Place of Supply rules for virtual events
- 3. EU members set to mandate e-invoicing schemes without European approval
Source: innovatetax.com