The European Commission Directorate-General for Taxation and Customs Union has announced a new web portal in relation to the Special VAT regime for small enterprises that takes effect on 1 January 2025. --- New Web Portal: VAT Rules for Small Enterprises From 1 January 2025, the special VAT regime (the SME scheme) will go live. The special VAT regime is allowing small enterprises to: sell goods and services without charging VAT to their customers (VAT exemption) and, alleviate their VAT compliance obligations. Any small enterprise with a total annual turnover of no more than EUR 100 000 (or the equivalent...