- French Government halts plan to lower VAT exemption threshold for services
- Original plan was to reduce threshold from EUR37,500 to EUR25,000
- Change was initially set for March 1, 2025, then postponed to June 1, 2025
- Feedback from stakeholders, especially self-employed, led to reconsideration
- Change may be included in the 2026 Finance Bill
- Government remains committed to reducing threshold to EUR25,000
- Preparatory work will continue for a balanced solution
- Solution will consider competition realities, especially in construction
- Aim is to simplify the system while meeting stakeholder expectations
Source: answerconnect.cch.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.
