§ Lord Marlesfordasked Her Majesty's Government:
In respect of each of the 25 member states of the European Union, what is the standard rate of VAT and the minimum level of turnover (expressed in both sterling and euros) at which traders are required to register for VAT. [HL3680]
§ Lord McIntosh of HaringeyThe VAT standard rates and registration thresholds for the EU member states are set out in the following table:
Standard Rate Registration Thresholds Member State (%) Sterling Euro equivalent Belgium 21 £3,721 5,580 Czech Republic 22 £23,345 35,000 Denmark 25 £4,447 6,667 Germany 16 £11,086 16,620 Estonia 18 £10,672 16,000 Greece 18 £6,003 (G) or £2,668 (S) 9000 or 4,000 Spain 16 None None France 19.6 £50,892 (G) or £18,009 (S) 76,300 or 27,000 Ireland 21 £34,017 (G) or £17,008 (S) 51,000 or 25,500 Italy 20 None None Cyprus 15 £10,405 15,600 Latvia 18 £11,472 17,200 Lithuania 18 £19,343 29,000 Luxembourg 15 £6,670 10,000 Hungary 25 £23,345 35,000 Malta 15 £24,679 (G) 37,000 £16,208 (S-high inputs) 24,300 £9,738 (S-low inputs) 14,600 Netherlands 19 None None Austria 20 £14,674 22,000 Poland 22 £6,670 10,000 Portugal 19 £6,654 9,976 or 12,470 (Non standard accounting records) £8,317 (Simplified regime for small traders) Slovenia 20 £16,675 25,000 Slovak Repubic 19 £23,345 35,000 Finland 22 £5,669 8,500 Sweden 25 None None UK 17.5 £58,000 86,956 Source:
Europa Website
Note:
Currency conversion rate is 1 euro = £0.667
(G): Goods
(S): Services.