Austria to increase VAT registration threshold from 1 January 2020

In its recently published Tax Reform Act 2020, Austria has announced its intention to increase the VAT registration threshold for Austria-established businesses from EUR 30,000 to EUR 35,000 with effect from 1 January 2020. The Act has passed the lower house of Parliament (Nationalrat) and is currently being debated in the upper house (Bundesrat).  

The move will bring this threshold in to line with that for Distance Selling into Austria by non-established businesses. 

Other non-established businesses will remain unaffected by the change, and are still required to register for Austrian VAT at the time they make their first sale of any value that is liable to Austrian VAT (i.e. no VAT registration threshold applies). 

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Author

Jeff Gambold

Jeff Gambold is a Senior Regulatory Specialist at Sovos, with responsibility for ensuring that the SVR product is kept updated and compliant with the latest VAT legislative changes. Prior to joining Sovos, Jeff worked in various VAT advisory and management roles within HMRC, UK Top 15 accounting practices and commercial business.
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