Further extension of VAT rate cut to natural gas supplies until 31 December 2023 Italy has gazetted an eighth extension to the super reduced VAT rate on the supply of nature gas. The rate will continue to be 5%. The current temporary cut from 2021
Further extension of COVID-related VAT subsidy for hotel and restaurant services Moldova has extended for the sixth time its application of the reduced 6% VAT rate on hotel and restaurant services until 1 December. It was previously at the 12% reduced rate. Reduced rate first
Basic foods VAT cut from 7% to zero extended by three months till end of the year The Portuguese government has extended the temporary cut in VAT on basic foods for a further three months until 31st December 2023. This covers a list of 46
The EU is undertaking an extended program of reforms to its Value Added Tax regime. This commenced with the 2016 Tax Action Plan, containing over ten reforms included the later separated 1 July 2021 e-commerce VAT package and the new VAT in the Digital Age
Reduced rate of 3% under new EU freedoms on reduced VAT rates Update: this new rate was gazetted on 23 July 2023, and so is now in effect. Cyprus’ Council of Ministers has agreed to introduce a new 3% reduced VAT rate under the new
June 2023 – government confirms extension of essential foods VAT cut until end of 2023 The current temporary VAT zero-rating of many foods, due to end on 30th June 2023 is extended again. This time until the end of 2023. This comes as Polish inflation
Lower VAT rate for recyclates / recycled products The Czech delegation to the EU has proposed permitting extended use of the reduced VAT rates on recycled products. The Czechs believe that the introduction of a reduced VAT rate for products with recycled content would stimulate
Temporary zero-rating on basic foods to be extended until 31 December 2023 The temporary zero-rating of bread, flour, certain types of milk, cheeses, eggs, and fruits, vegetables, legumes, tubers, and cereals is to continue beyond the scheduled 30 June. This week, the Minister of Economic
Temporary domestic gas and electricity cut from 13.5% to 9% until 31 Oct 2023 Ireland has again extending the reduced 9% VAT rate on domestic gas and electricity. The anti-inflation measure was first introduced in May 2022 as post-COVID and Russian invasion of Ukraine inflation
