- France will abolish its simplified VAT regime from 1 January 2027.
- Businesses currently on the simplified regime will be moved automatically to the standard VAT regime; no application or filing is required.
- From 2027, VAT returns will be filed quarterly if turnover (including taxable acquisitions) does not exceed EUR 1,000,000 in the previous year or EUR 1,100,000 in the current year.
- Businesses above those thresholds must file monthly VAT returns; those eligible for quarterly filing may opt for monthly filing by request.
- The simplified VAT regime for farmers is not affected.
Source: essentiaglobalservices.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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