Slovenia Amends Value Added Tax Act Including Increased Registration Threshold, New VAT Scheme for Small Businesses, and New Group Rules

Slovenia published the Act on Amendments to the Value Added Tax Act in the Official Gazette on 10 December 2024. The measures include:

• An increase in the VAT registration threshold from annual turnover of EUR 50,000 to annual turnover of EUR 60,000;
• The transposition of Council Directive (EU) 2020/285 of 18 February 2020 for the introduction of the new VAT scheme for small businesses, allowing small businesses established in other EU Member States to benefit from a VAT exemption in Slovenia…