27 July 2016
Sweden is proposing to introduce a VAT registration threshold for resident companies from 1 January 2017. The proposal for the new threshold has been sent to the Swedish Parliament for their approval and if accepted it will be set at an amount of €30,000 per calendar year.
Currently Sweden does not have a VAT registration threshold and companies are liable to register for VAT from the first taxable sale that they make.
LATEST NEWS
Bahrain increases VAT rate to 10%
From 1 January 2022, Bahrain has announced that it will increase its VAT rate from 5% to 10%. This VAT rate increase is being introduced to re-stabilise the...
SEE MORE
LATEST NEWS
UPDATE: Bulgaria extends the VAT rate reduction to 9%...
The Bulgarian tax authorities have confirmed that the VAT rate applicable on the following goods and services will remain at 9% until after the COVID-19...
SEE MORE
LATEST NEWS
New German coalition government announces intention to...
The German government has announced that it intends to implement a mandatory B2B e-invoicing regime in the country. The new voluntary regime will allow...
SEE MORE