20 August 2023

Czech Republic – Change in VAT rates applicable to certain products in 2024

As a reminder, from January 1, 2024 the rates applicable in the Czech Republic will be as follows:

Standard rate: 21%
Reduced rates: 12%

In line with this reform, it has been decided that newspapers, periodicals and certain foodstuffs will be subject to the reduced 12% VAT rate. Until now, these products were subject to a reduced rate of either 10% or 15%.

Tax Mag

Country Briefs

Czech Republic

Media, Press, Culture

VAT rates

20 August 2023

OTHER VAT BRIEFS VAT rates

Germany – Reduced rate on education benefits

In order to comply with European Union law, the Annual Tax Act 2024 provides for an overhaul of Section 4 No. 21 of the German VAT Act , exempting school...

Country Briefs

Germany

VAT rates

26 April 2024

Switzerland – New VAT rates in Switzerland from January 1, 2024

From January1, 2024, VAT rates in Switzerland will increase : Standard VAT rate increases from 7.7% to 8.1%. Reduced VAT rate raised from 2.5% to 2.6 Special rate for lodging increases...

Country Briefs

Switzerland

VAT Payment VAT rates

19 September 2023

Ireland – Increase in VAT rate applicable to the hotel sector

From September 1, 2023, the VAT rate applicable to the hotel and tourism sector will rise from 9% to 13.5%. This rate will apply to accommodation in hotels...

Country Briefs

Ireland

Hotels Restaurants Cafes

VAT rates

8 August 2023