Austria VAT registration threshold rise
- EU VAT
- Oct 2, 2019 | Richard Asquith
Austria is proposing to increase its VAT registration threshold from €30,000 to €35,000 from January 2020. Non-resident businesses must VAT register on their first sale, and do not benefit from this threshold.
The change is part of the draft tax reform bill which was approved by the lower house of parliament last week. It now moves to the upper house. Other VAT measures within the bill include:
- Implementation of the ‘four quick fixes’ to the EU VAT regime, including: chain supplies requirement clarifications; call-off stock rules; proof of transport of goods on cross-border zero-rating; and proof of VAT registration for counterparties on intra-community transactions
- Harmonisation of e-book VAT rate with the reduced 10% VAT rates applied to paper-based books
Need help with your Austrian VAT compliance?
Researching Austrian VAT legislation is the first step to understanding your VAT compliance needs. Avalara has a range of solutions that can help your business depending on where and how you trade.
Latest Austrian news
February 1, 2019
Austria has announced that it will harmonise its VAT rates on electronic books with those of their paper equivalent. This means reclassifying them from the standard VAT rate of 20% to the reduced rate of 10% from 1 January 2020.
January 29, 2019
Austria is to become the latest EU country to propose making online marketplaces responsible for the VAT of third-party sellers on their platforms. The earliest likely implementation date is January 2020.
January 25, 2019
The European Commission (EC) has proposed switching from unanimous to majority voting on EU VAT and other tax policies. The aim is to progress fiscal reforms which face immovable opposition from just a limited number of member states.