Small businesses may choose to apply the VAT cash accounting settlement method.
A business is defined as small if its annual value of sales in the current and preceding year does not exceed €2 million. For entities supplying services as brokerage companies, managing investment funds or managing alternative investment funds, the threshold is €45,000 for
To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to Tolley+™ Research or register for a free trial
Web page updated on 17 Mar 2025 16:31