
Franchised VAT: the end of quarterly VAT for self-employed to come into force in 2025.
A new tax reform is expected to come into force in January 2025 that will exempt freelancers with income of less than 85,000 euros from the obligation to include VAT in their invoices. The Tax Agency and the self-employed associations are working on the implementation of the European Directive 2020/285, approved on February 18, 2020.