Latest news from Italy

Italy plan to increase VAT rates from 1 January 2019

The Italian government have announced the following VAT rate increases in their recently published stability budget. Standard VAT rate Will increase from 22% to 24.2% from 1 January 2019 A further increase to 24.9% from 1 January 2020 A further increase to 25% from 1 January 2021 Reduced VAT rate Will increase from 10% to… Read More

Italian government cancels 2018 VAT rise

The Italian government recently presented its 2018 draft budget, which excludes the promised standard and reduced VAT rate increases to 25% and 11.5% respectively. At the beginning of the year, the Italian government announced that if they did not meet certain budgetary targets during 2017, then they would increase the VAT rates to cover the… Read More

Italy will increase VAT rates from 1 January 2018

The Italian government have announced the following VAT rate increases in their recently published stability law The standard VAT rate being increased: from 22% to 25% from 1 January 2018 from 25% to 25.9% from 1 January 2019 The reduced 10% VAT rate being increased to 11.5% from 1 January 2018 It was also confirmed… Read More