Category: VAT rates

Czech Republic to Change VAT Rates from 2024 The applicable VAT rates in the Czech Republic are due to be amended from 2024 as part of a package of proposals from the government. According to the proposals, the current reduced…

British Columbia to amend marketplace PST regulations As part of its provincial budget for 2023, British Columbia is amending tax rules affecting online marketplaces and the services they supply. Starting 1 July 2023, the rules applicable to the collection of…

Switzerland to increase VAT rates from 2024 The Swiss authorities have announced an increase in all VAT rates from 2024. Following a public referendum that took place in September 2022, the government is going ahead with the approved general VAT…

SimplyVAT.com’s Consultancy Team helps business claim €1m VAT refund  When the new schemes were introduced in 2021, some businesses may have found it difficult to decipher whether they were registering for the correct one. The MOSS expanded into the OSS…

Changes to Spanish VAT rates for food & feminine hygiene products As part of its Budget 2023 Law, the Spanish authority approved the zero-rating of foodstuffs in the country. In addition to this, the reduced VAT rate of 5% will…

Switzerland to increase all VAT rates from 1 January 2024 As a result of a referendum held by the Swiss authority in September 2022, the VAT rates will be increased in the country from 1 January 2024. Under these changes,…

Italy postpones sugar tax and plastic tax As part of its Budget Law for 2023, Italy has postponed the entry into effect of both its upcoming sugar and plastic tax. Previously scheduled to come into effect from 1 January 2023,…

Italy reduces the VAT rate on certain products The Italian Budget Law for 2023 introduces several changes to VAT rates in the country. As such, the supplies of feminine hygiene products are now subject to the super-reduced VAT rate of…

Spain targets single-use plastic packaging with a new tax A new tax on non-reusable plastic packaging came into effect in Spain on 1 January 2023. This tax essentially targets non-reusable plastic packaging and will impact manufacturers, importers and most businesses…

Lithuania increases VAT fines from 1 May 2023 The Lithuanian government recently adopted changes which will increase the fines applicable to unreasonable VAT breaches. Taking effect as of 1 May 2023, VAT fines will be increased from a range of…