- Transition to quarterly VAT reporting regime in France begins in 2027.
- Simplified VAT declaration system will be replaced.
- Part of the Finance Bill for 2025 to simplify tax reporting and reduce fraud.
- Unified monthly or quarterly declaration for easier compliance.
- Single VAT reporting system for all businesses, removing complex thresholds.
- Harmonizes VAT reporting across the EU and aligns with e-invoicing reform.
- Option for quarterly reporting to help manage cash flow.
- Government to provide pre-filled VAT reports to reduce administrative tasks.
Source: taxand.com
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.
