Budget Law 2020: Extension VAT exemption and reduced rates, increase turnover threshold, …

An extension of the scope of VAT exempt services to include the services of psychologists and sign language interpreters
An extension of the scope of the reduced 6% VAT rate to include home care services for elderly people, children, and drug addicts, as well as remote assistance services to the elderly and chronically ill people; visits to the zoo, botanic gardens, and public aquariums; provision of service that consists of providing guided or non-guided visits to buildings classified as of national, public or municipal interest, and museums subject to certain requirements; and treated wastewater;
The amendment of allowed VAT deductions to include electricity costs incurred for electric vehicles or hybrid plug-in vehicles;
An increase in the turnover threshold for VAT exemption from EUR 10,000 to EUR 12,500; and
With respect to the VAT deduction in relation to doubtful or bad credits, a reduction in the period of time after which credits may be considered bad from 24 months to 12 months from the date of maturity, provided there is objective evidence of impairment and steps have been taken to receive it, and a reduction of the authorization application deadline from eight months to four months to claim a bad debt deduction.