Following the post-Covid economic crisis, the Luxembourg government reduced the various VAT rates (except the super-reduced rate) to keep pace with inflation in 2023.
From 01.01.2024, VAT rates will revert to their standard values:
- The standard rate will rise from 16% to 17%.
- The interim rate rises from 13% to 14%.
- The reduced rate will rise from 7% to 8%.
- The super-reduced rate of 3% remains unchanged.
For more information, and to keep up to date with these changes for your operations, please contact our tax experts.
Source : government.lu (pdf in french)
