30 January 2015
From the 1st January 2015 the following VAT rate increases have taken effect:
- The standard rate increased from 15% to 17%
- The intermediate rate increased from 12% to 14%
- The reduced rate increased from 6% to 8%
- The super-reduced rate remains unchanged at 3%
LATEST NEWS
Germany coalition government to reintroduce 7% reduced...
The German government has confirmed the reinstatement of the 7% reduced VAT rate for food sales by hospitality businesses, from 1 January 2026. This VAT rate...
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Sri Lanka to apply VAT on B2C e-services from...
The Inland Revenue Department of Sri Lanka confirmed it will introduce VAT on digital services supplied by non-resident providers to Sri Lankan...
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LATEST NEWS
Finland proposes a reduction to the reduced VAT rate
The Finnish government have proposed a reduction of their reduced VAT rate from 14% to 13.5%. If accepted, this change would come into effect from 1 January...
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