VATupdate

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Increase in the turnover threshold for VAT exemption under the simplified regime

An increase in the turnover threshold for VAT exemption under the simplified regime from EUR 12,500 to EUR 13,500 in 2023. The letter further clarifies that the threshold will be increased to EUR 14,500 in 2024 and EUR 15,000 in 2025.

Source Orbitax



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