- Companies with a previous year’s turnover of no more than 600,000 euros can calculate VAT based on received payments.
- This threshold is being raised to 800,000 euros.
Source: umsatz-steuer-beratung.de
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.
