Although energy should not experience a surge in prices in 2024 as was the case in 2022 and 2023, the tariff shield on electricity, which is aimed at small businesses, is maintained for an additional year, with similar operation. Like the tariff shield, the electricity absorber, which is aimed at other companies with VSE or SME status, is extended for the year 2024. Companies having benefited from this system in 2023 do not have to take any new steps for 2024. It is directly the electricity supplier who allows the company to benefit from a price reduction communicated by the State.
New calendar for electronic invoice
– Obligation to issue invoices in electronic form and transmit transaction and payment data : from September 1, 2026 for large companies, mid-sized companies and members of a single taxable person, from September 1, 2027 for microenterprises, VSEs and SMEs.
– Obligation to receive electronic invoices : September 1, 2026 for all taxable persons, whatever the size of the company
The government allows itself the possibility of postponing these dates by three months, by decree.
Increase in VAT-free thresholds
Below a certain level of turnover, entrepreneurs are exempt from collecting VAT. And in this case they don't deduct it either. The finance law for 2024 modifies this regime from January 1, 2025 (transposition into domestic law of a European directive) and raises the thresholds : 85,000 euros for purchase-resale operations and 37,500 euros for services. otherwise, it is now possible to benefit from this franchise regime in another Member State of the European Union, provided that the turnover achieved in the European Union does not exceed the threshold of 100,000 euros.
The para-hotel regime is modified
By principle, para-hotel services are exempt from VAT. But if there are other services (breakfast…), then the activity is subject to VAT. The finance law adds an additional condition : the duration. VAT liability, at the rate of 10%, is now subject to compliance with the following two cumulative conditions :
– accommodation services offered to customers must not exceed 30 nights ;
– the services must include at least three of the following four services : breakfast regular cleaning of premises, supply of household linen and customer reception. There is therefore no longer any distinction in the regime according to the form of tourist accommodation.. This measure is applicable from January 1, 2024.
Rental of movable property to non-taxable persons outside the EU
The finance law for 2024 modifies the territoriality rules for rentals of tangible movable property (other than means of transport) intended for non-taxable persons established outside the European Union. Since January 1, 2024, these operations are subject to French VAT when the goods in question are used in France, regardless of where the service provider is established.
