Sweden
Proposed VAT registration threshold increase
There are multiple reasons why governments would propose to increase the threshold for VAT registration. From the taxpayer’s perspective, there are reduced VAT obligations, which can be cumbersome, and so an increased VAT registration threshold will be viewed positively, especially by smaller businesses who stand to be impacted to a greater extent by the change.
Sweden is planning to raise its VAT registration threshold, from SEK 80,000 to SEK 120,000.
This would take place from 1 January 2025, if approved by parliament and if published in the 2024 budget.