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
LATEST NEWS
Several member states are proposing the introduction...
Several EU countries, including Belgium, France, the Netherlands, and Romania, are proposing the introduction of a national handling fee on low‑value...
SEE MORE
LATEST NEWS
Reminder: Bulgaria joined the Eurozone on 1 January...
From 1 January 2026, Bulgaria has adopted the euro as its official currency. The country has been preparing for this transition since joining the European...
SEE MORE
LATEST NEWS
EU to remove the customs duty exemption for “low...
Currently, imports valued at €150 or below can be imported duty free into the EU. However, the European Union has reached an agreement to abolish this...
SEE MORE