According to a 21 July release from the Estonian Ministry of Finance, the government has approved proposed amendments to the Value Added Tax (VAT) Act to increase the registration threshold and make certain other changes. With the amendments, the VAT registration threshold will be increased from the current EUR 16,000 in annual sales to EUR 40,000. Businesses below the threshold may still register voluntarily in order to claim input VAT deductions.
The other main change approved is the intr…