Fifth extension of gas VAT cuts until 31 March 2023 as inflation hits 7.9% in July 2022 Italy has extended for the forth time the temporary cut in Value Added Tax rate on domestic and industrial use gas until the Spring. Italian inflation has dipped
Polish roles over food VAT cut; ends fuel VAT cuts following EC ruling Poland has roll-over again it’s zeroing of VAT on basic foodstuffs. This forth extension will last into 2023. This covers: fruits, vegetables, meat, dairy and grain products. It was scheduled to expire
Zero-rating of basic foods to continue in first half of 2023 as inflation hits 18% The Polish Prime Minister, Mateusz Morawiecki, has stated that the rate of Value Added Tax will continue to be held at zero. This follows the European Commission decision to prevent
Parliament review VAT rate cuts to food, restaurants and other services The Riigikogu, the Parliament of Estonia, is reviewing a Bill to reduce to the reduced VAT rate of 5% the following supplies: Food excluding alcohol and tobacco Restaurant and catering feed and mixed feed
Eurozone energy inflation 38% August 2022 (40% July); temporary VAT subsidies for domestic power, foods and other basics A fast-growing queue of European countries are emerging to cut their already reduced VAT rates on domestic energy, petrol and foods. Eurozone headline inflation hit 9.1% in August,
Polish Council of Ministers approves further extension of VAT rate cuts as inflation hits 16.1% in August 2022 Poland has roll-over again various energy and food VAT rate cuts until 31 December 2022. They were due to expire on 31 October 2022. European inflation VAT
Eurozone energy inflation 42% July 2022 (39% June); temporary VAT subsidies for domestic power, foods and other basics A fast-growing queue of European countries are emerging to cut their already reduced VAT rates on domestic energy, petrol and foods. Eurozone headline inflation hit 8.9% in July,
