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.
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