°µÍø½ûÇø

How is exceeding TVA thresholds determined in France?

Informaticien
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In the UK, you exceed the VAT threshold (over which you must pay and charge VAT) when income from the previous 12 months of °µÍø½ûÇø activity exceeds the prescribed income limit. The 12 months in question may span two different °µÍø½ûÇø tax years.

How does this work in France? Is it calculated on a financial year basis, i.e. are receipts from January to December each year - with the slate being wiped clean at the end of each tax year?

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