The European Parliament has approved amendments to the applicable VAT rates for the tourism, transport, cultural services and publishing sectors.
Here’s what will change:
– The reduced VAT rate will increase from 9% to 12% starting 1 January 2026. This new rate will apply to accommodation, scheduled passenger transport (including luggage) and admissions to artistic venues or events.
– The VAT rate for printed and digital books will be lowered form 9% to 5%.
The scope of application of the 21% standard VAT rate will remain unchanged.
