Croatia cuts VAT 2018

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Croatia propose to amend their VAT law to include:

  • A reduction of the standard VAT rate to 24% from 25% during 2018
  • An increase to the current 13% VAT rate on restaurant services to 25% from 1 January 2017
  • An increase to the annual VAT registration threshold for resident companies to HRK 300,000 from 1 January 2018
  • The adoption of the EU VAT Directive rules on the VAT treatment of vouchers in 2017

See our previous article below in regards to the EU VAT treatment of vouchers – http://fiscalsolutions.co.uk/vatinformation/news/eu-introduces-directive-voucher-vat/)