22 October 2015
On 1 October 2015 Greece abolished reduced VAT rates on six Islands, the start of their bid to streamline the VAT system as part of the country’s third bailout agreement. Changes to VAT rates will be rolled out across other islands with the aim of being fully implemented throughout the country by 1 January 2017.
LATEST NEWS
Several member states are proposing the introduction...
Several EU countries, including Belgium, France, the Netherlands, and Romania, are proposing the introduction of a national handling fee on low‑value...
SEE MORE
LATEST NEWS
Reminder: Bulgaria joined the Eurozone on 1 January...
From 1 January 2026, Bulgaria has adopted the euro as its official currency. The country has been preparing for this transition since joining the European...
SEE MORE
LATEST NEWS
EU to remove the customs duty exemption for “low...
Currently, imports valued at €150 or below can be imported duty free into the EU. However, the European Union has reached an agreement to abolish this...
SEE MORE