- France delays VAT exemption threshold reduction until 2026
- Initial application was set for March 2025 but postponed due to social concerns
- Public consultation results led to further suspension
- VAT exemption allows companies below certain turnover thresholds to avoid declaration and payment obligations
- Reform aims to set a single exemption threshold at 25,000 euros, with an increased threshold of 27,500 euros
- Current thresholds for 2025 remain unchanged
- Delay intended to allow more discussion in preparation for the 2026 financial law
- Delay affects multinational companies’ accounting systems
Source: auxadi.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.
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