30 November 2017
The Italian government have announced the following VAT rate increases in their recently published stability budget.
Standard VAT rate
- Will increase from 22% to 24.2% from 1 January 2019
- A further increase to 24.9% from 1 January 2020
- A further increase to 25% from 1 January 2021
Reduced VAT rate
- Will increase from 10% to 11.5% from 1 January 2019
- A further increase to 13% from 1 January 2020
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