The enhanced approach will save EUR 50.6 billion between 2023 and 2032:
–EUR 41.4 billion from VAT reporting (EUR 11 billion from removing reporting obligations, EUR 24.2 billion from reducing fragmentation costs, EUR 4.3 billion by using pre-filled VAT returns, and EUR 1.9 billion from e-invoicing benefits);
–EUR 0.5 billion from streamlining and clarifications in relation to the platform economy;
–EUR 8.7 billion from removing VAT registration obligations.
Source eur-lex.europa.eu
