- France has postponed lowering the VAT registration thresholds.
- The Finance Bill proposed lowering the threshold to EUR27,500 for current year turnover or EUR25,000 for previous year turnover.
- The previous thresholds varied by industry, ranging from EUR35,000 to EUR85,000.
- The Finance Bill also proposed immediate registration if turnover exceeded the threshold by 10 percent.
- The changes were scheduled to take effect on March 1, 2025, but will now be implemented at a later date after consultations with small businesses.
Source: answerconnect.cch.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.
