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Proposed Council Implementing Decision Authorizing the Netherlands to Extend VAT Exemption Threshold

29 November 2022

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Proposed Changes

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Netherlands-European Union

A proposal for a Council Implementing Decision has been published that would authorize the Netherlands' continued derogation from Article 285 of the VAT Directive (2006/112/EC) regarding its VAT exemption (registration) threshold. The proposed decision, dated 23 November 2022, authorizes the Netherlands to continue to allow an exemption from VAT for taxable persons whose annual turnover does not exceed EUR 25,000. The EUR 25,000 VAT threshold was previously approved from 1 January 2020 to 31 December 2022 and as provided by the proposed decision, would be extended to 31 December 2024. With effect from 1 January 2025, all EU member states...