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 that these VAT rate increases may change when they are converted into law.