VAT & tax explained

Solvent tracks VAT thresholds and surfaces statutory deadlines per jurisdiction. Everything here is advisory — Solvent does not file returns; confirm with a local accountant.

VAT registration thresholds

• UK uses a rolling 12-month test against £90,000. Solvent shows your rolling turnover and how

much headroom is left, and flags when you should register (before £85,000 in practice).

• EU jurisdictions use a calendar-year threshold (e.g. Estonia €40,000, Austria, Malta). The counter

resets each January.

• US (Delaware) has no VAT — sales tax is separate and nexus-based.

Check the Compliance page for your live status (a gauge of turnover vs threshold).

Corporation / company tax

• UK — Corporation Tax (main rate 25%).
• Estonia — distribution-based: tax applies only when profit is distributed (dividends), not when earned.
• Malta — 35% headline with a shareholder-refund system.
• Austria / Hungary / Delaware — handled by their governors (Austria 23%, Hungary 9%, Delaware franchise tax).

Deadlines

Each jurisdiction declares its statutory deadlines (VAT returns, tax payments, annual filings). The Compliance page computes the next due date per company from your financial year-end, and accountants get a practice-wide "what's due across all clients" view.

See also

• Getting started — understand core concepts
• Invoicing & subscriptions — VAT treatments (standard, reduced, reverse charge)
• Compliance tracking — view your VAT status & deadlines
• For accountants & CSPs — practice-wide reporting & deadlines
• Costs & expenses — VAT recovery on business expenses

Advisory notice: All tax figures in Solvent are advisory — confirm material decisions with a qualified local accountant.