VATupdate

VAT Application Threshold Increase

In 2021 set of Croatian tax reforms the one in regards to Value added tax stands out as the current HRK 7.5 million threshold of the taxation procedure according to the collected fees has been increased to HRK 15 million. Taxpayers who did not make deliveries of more than HRK 15 million in 2020 can calculate and pay the VAT obligation on the basis of collected fees from January 2021.

Source: eurofast.eu

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