Proposal for a Directive amending Directive 2006/112/EC on the common system of value added tax as regards the special scheme for small enterprises

Background and further information:

The Commission is addressing the problem of smaller companies suffering from disproportionate VAT compliance costs. Businesses trading cross-border face 11% higher compliance costs compared to those trading only domestically, with smaller players hit hardest. This is proving to be a real obstacle to growth, as small businesses make up 98% of companies in the EU. The Commission is therefore proposing to allow more companies to enjoy the benefits of simpler VAT rules which are at the moment available to only the smallest firms. Overall VAT-related compliance costs will be cut by as much as 18% per year.

EUR-Lex: SWD(2018)9: Impact assessment http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=SWD:2018:009:FIN

EUR-Lex: SWD(2018)11: Executive summary of the impact assessment http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=SWD:2018:011:FIN

EP: EPRS: Briefing: EU Legislation in Progress, May 2018: VAT for small enterprises http://www.europarl.europa.eu/RegData/etudes/BRIE/2018/621901/EPRS_BRI(2018)621901_EN.pdf

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