- Currently, special scheme for small enterprises only applies in Germany
- Changes to the VAT Directive will be implemented by the German legislator from 1 January 2025
- Small enterprises established in Germany will have VAT exempt domestic supplies with increased turnover limits
- EU small enterprises can benefit from the special scheme in other EU Member States with a union-wide turnover limit of EUR 100,000
- EU small enterprises in Germany can also benefit from the special scheme if they meet certain criteria
Source: kmlz.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.
Latest Posts in "Germany"
- German Union Chief Urges Abolishing Reduced VAT, Higher Taxes on Luxury Goods to Aid Low Earners
- Germany to Reduce Air Travel Tax from July 2026 to Boost Aviation Sector
- New Customs Authorization: Tax ID Requirement and Cross-Agency Checks Under Article 24 UCC-IA
- VAT Refund Application for International Organizations and Members: Process, Requirements, and Deadlines in Germany
- Input Tax Deduction and Gratuitous Value Transfers: New BMF Guidelines Effective from 2026
