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Iceland raises VAT registration threshold

  • Jul 7, 2016 | Richard Asquith

Iceland raises VAT registration threshold

Iceland is to raise its VAT registration threshold from ISK 1million to ISK 2million per annum.

The new threshold shall apply from 1 January 2017.


VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which won International Tax Review's 2020 Tax Technology Firm of the Year. Richard trained as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.