3 February 2020
The Italian government recently announced that if certain budgetary targets are not met within 2020, they will implement a number of potential VAT rate increases. These increases include:
- The reduced 10% VAT rate being increased by two percent (from 10% to 12%) from 1 January 2021; and
- The standard VAT rate being increased from 22% to 25% from 1 January 2021, rising to 26.5% from 1 January 2022.
LATEST NEWS
Romania Proposes Fixed Levy on Low-Value E-Commerce...
Romania has proposed the introduction of a fixed charge on certain low-value consignments, valued under €150, entering the country from outside the European...
SEE MORE
LATEST NEWS
France Proposes €2 Customs Charge on Low-Value...
In October 2025, the French government unveiled its 2026 Finance Bill, which has been submitted to the National Assembly for debate before moving to the Senate...
SEE MORE
LATEST NEWS
Ireland to Introduce Mandatory E-Invoicing for...
Ireland has confirmed plans to implement a mandatory electronic invoicing regime for business-to-business (B2B) transactions, starting 1 November 2028. This...
SEE MORE