Business Citizens

Amendments concerning VAT registration and the application of the super-reduced rate

From 1 January 2021, new provisions are applicable as regards value added tax (VAT).

These new provisions apply to both natural and legal persons.

First of all, the threshold for VAT exemption for any person liable for VAT is increased to EUR 35,000 instead of EUR 30,000 previously.

Thus, from now on, taxable persons whose annual turnover before tax does not exceed EUR 35,000 benefit from a VAT exemption.

Furthermore, in order to promote the renovation of private buildings and increase the efficiency of energy renovation aid, the age condition for a building used for residential purposes to benefit from the 3 % VAT rate for renovations has been lowered from 20 to 10 years.

As a reminder, the super-reduced rate can only be applied under certain conditions.

Find out more about the conditions in our explanatory information pages:

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