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

Estonia: New increase in standard VAT rate

From July1st, 2025, the standard rate of VAT in Estonia will rise from 22% to 25%.

Country Briefs

Estonia

VAT rates

25 July 2024

Spain – changes concerning olive oil

From July1, 2024, olive oil will be added to the list of essential products taxed at a 0-rate during periods of inflation (4% under normal conditions).

Country Briefs

Spain

VAT rates

4 July 2024

Switzerland – standard vat rate may be raised to 8.5

From July1, 2024, olive oil will be added to the list of essential products taxed at a 0-rate during periods of inflation (4% under normal conditions).

Country Briefs

Switzerland

VAT rates

1 July 2024

Cyprus – Extension of the 0% VAT rate on some essential products

This rate cut was due to end on April 30, 2024. However, the Cypriot government has decided to extend until June 30, 2024, the temporary application of the 0% VAT...

Country Briefs

Cyprus

VAT rates

22 May 2024

Other VAT infoCzech Republic