28 June 2023
Liechtenstein has confirmed that it will follow Switzerland’s lead and raise its VAT rates from 1 January 2024. The VAT rates will be increased as follows:
- Standard rate from 7.7% to 8.1%
- Reduced rate from 2.5% to 2.6%
- Hotel accommodation rate from 3.7% to 3.8%
Liechtenstein has adopted the VAT law of Switzerland, however it still has its own VAT administration.
Are you trading globally? Whether you require basic VAT advice or specific VAT compliance support, Fiscal Solutions can help. Our team of multi-lingual experts are knowledgeable in all the different VAT rules in Europe and around the world.
We help you simplify today’s complexities and address tomorrow’s challenges. The values we represent, and our consistent advice, mean you can trust Fiscal Solutions to do the right thing – for you and your organisation.
LATEST NEWS
Ukraine proposes to lower import VAT exemption...
Ukraine is proposing a reduction to the VAT exemption on the import of low value goods into the country from €150 (approx. £127) to €45 (Approx...
SEE MORE
LATEST NEWS
Reminder: Finland standard VAT rate increase from...
A reminder that the Finnish standard VAT rate will increase from 24% to 25.5% on 1 September 2024. This increase will make the Finnish standard VAT rate the...
SEE MORE
LATEST NEWS
Estonia to end Covid-related reduced VAT rate cuts...
Estonia will increase the VAT rate on the following supplies from 1 January 2025: Accommodation services from 9% to the 13% reduced VAT rate. Newspapers both...
SEE MORE