Romania cuts accommodation and hotel services VAT rate to 5%

2 October 2018

From 1 January 2019, the Romanian government have announced that they will cut the VAT rate applicable to hotel accommodation and restaurant services to 5%.

This change mirrors the majority of EU countries who already apply a reduced VAT rate to hotel accommodation.

LATEST NEWS

Emergency VAT measures to combat the financial impact...

Due to the negative financial impact that the coronavirus pandemic is having on businesses all over the world, a number of tax authorities have implemented...

SEE MORE
LATEST NEWS

UK cuts hospitality and tourism VAT to 5% until...

From 15 July 2020 to 12 January 2021, the UK will cut the VAT rate applicable on hospitality services from the standard rate of 20% to the reduced rate of...

SEE MORE
LATEST NEWS

Canada extends the sales tax return submission...

The Province of Manitoba has extended the sales tax return submission deadlines to 20 October 2020 for small and medium sized businesses. This covers all...

SEE MORE

Gated Content

The following email providers are not accepted: gmail, hotmail, yahoo. Please use proper company email.