- The introduction of a uniform VAT exemption threshold of 25000 euros in France has been postponed.
- Originally scheduled for March 2025, it was first postponed to June 2025.
- It is now rescheduled to take effect from January 2026.
- The reform aims to standardise the VAT exemption threshold across sectors.
- It will replace existing differentiated thresholds for sales of goods, provision of services, and certain regulated professional activities.
- The uniform threshold will simplify VAT registration rules.
- This change aligns with EU efforts on small business VAT exemptions.
Source: fintua.com
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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.