Romania: VAT will officially rise to 21% from 1 August 2025.
As we mentioned in the previous news on this subject, President Nicușor Dan has officially signed the new fiscal package, which notably includes the increase in VAT…
30 July 2025
As we mentioned in the previous news on this subject, President Nicușor Dan has officially signed the new fiscal package, which notably includes the increase in VAT…
The Romanian government has presented a draft bill aimed at reducing the budget deficit. The main tax measures, published on 3 July 2025, include: The…
On 11 December 2024, the Estonian government approved the introduction of a temporary security tax (in force until the end of 2028) to develop Estonia’s…
The Value Added Tax (VAT) is an indirect tax paid by the final consumer on various goods and services. It is collected by the company…
On 11 December 2024, the Finnish Parliament passed Bill HE 141/2024, under which goods and services currently subject to a reduced VAT rate of 10%…
On 3 October, the Slovak National Council adopted an amendment to the VAT Act. This provides for an increase in the general VAT rate from…
From 1 October 2024, the reduced rate of VAT in the Autonomous Region of Madeira will be 4% (instead of the current 5%). This…
Last year, we told you about a reform of the Old Age and Survivors’ Insurance Scheme (AVS 21) that would lead to an increase in…
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…
On 15 June, the Cypriot government proposed the introduction of a new super-reduced rate of 3% to support vulnerable people and boost culture. This…
On 12 June 2023, the Estonian Parliament (Riigikogu) passed Bill No. 225 SE, making partial amendments to the VAT Act. The bill includes several…
After weeks of debate, the Czech government has proposed a series of measures aimed at achieving budgetary balance and reducing inflation. These measures include changes…
In order to combat inflation and to respond to the economic and social consequences of the war in Ukraine and to support the reconstruction of…
Check the table for the VAT rates of the Member States of the European Union and the United Kingdom from January 1, 2023. Here are…