29 September 2022
The Luxembourg government has announced that it will reduce most VAT rates in the country by 1% from 1 January 2023.
This reduction is being introduced to fight high rates of inflation in the country, and means that the:
- Standard VAT rate will drop from 17% to 16%
- Reduced VAT rates will drop from 14% and 8% to 13% and 7%
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.
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