Category: Iceland

Fuel VAT slashed from 24% to 11% in temporary move to curb inflation and shield households from rising energy costs Iceland has moved to cushion households and businesses from rising fuel costs, announcing a temporary reduction in VAT on petrol and diesel from 24% to

Nightly charge for stays in hotels, B&B, Airbnb and similar The Icelandic Directorate of Internal Revenue has reintroduced its Accommodation Tax from 1 January 2024. And providers of eligible accommodation should be registered with the Agency by 5 April. The charge is as follows: Hotels: