Estonia

Estonia VAT registration threshold

February 5th, 2017

Estonia has progressed proposals to raise its VAT registration threshold from €16,000 to €40,000 per annum. The European Commission has approved the rise as a derogation from the EU VAT Directive which sets the limits on registration thresholds. The new threshold will come into place from 1 January 2018.


Estonia

Estonia raises VAT registration threshold 2018

July 29th, 2016

Estonia is set to increase its Value Added Tax registration threshold from €16,000 to €40,000 per annum. The increase has been proposed to lift many of the smallest companies outside of the VAT compliance obligation. The right to voluntary registration below this threshold will remain in place. The threshold only applies to resident businesses. Foreign …


Estonia

Estonia raises VAT registration threshold

January 29th, 2016

Estonia is raising its VAT registration threshold for resident businesses from €16,000 to €25,000 per annum. The change in threshold will cost the country around €2.5 million per annum, but will free many small businesses from the burden of VAT registrations and returns. It will also free staff at the tax administration to focus on …


Estonia

Estonia VAT proposals

May 14th, 2015

The Estonia government has proposed to withdraw a number of tax raising measures. Their cancellation will be funded by as yet unspecified spending cuts. There will though be an increase in alcohol (10%) and tobacco (5%) duties in 2016. The changes include: Withdrawing the proposed rise in Estonian VAT on hotels. The plan had been …


Estonia

Estonia Intrastat

November 11th, 2014

Estonian VAT registered businesses, both resident and non-resident, will be required to submit additional reporting on the movement of goods across EU borders. These are in addition to VAT returns and are known as Intrastat filings. These filings list the movement of goods across national borders. As well as sales and purchases to other companies, …


Estonia

Estonia EC Sales List

November 11th, 2014

If a Estonian VAT registered business, resident or non-resident, is selling goods or services (since the 2010 VAT Package) to other VAT registered companies in Europe, then reporting of each transaction must be submitted via a EC Sales List filing. This allows the Estonian tax authorities to verify that VAT on cross-border transactions is being …


Estonia

Estonia VAT invoice requirements

November 11th, 2014

Estonian VAT invoices conform to the EU VAT Directive and its VAT invoice requirements with regard to the layout and disclosures. Date of issuance and storage of Estonian invoices Estonian VAT invoices must be issued no later than seven days after the time of the taxable supply. If the goods or services are paid for …