VAT News

Italy-VAT rate increase

In a law decree recently published in Italy, it was confirmed that increases in the standard and reduced VAT rates would commence from January 2018. The standard rate will increase as follows:

• From January 1, 2018-25%

;•From January 1, 2019-25.4%

;• From January 1, 2020-24.9%;

• From January 1, 2021-25%

Increases to the reduced rate will be as follows:

•From January 1, 2018-11.5 %

;• From January 1, 2019 12%

 • From January 1, 2020-13%

Related articles

May's historic Brexit loss - what now for VAT?

With the massive loss experienced by the Prime Minister in the Commons yesterday, we have never been further away from a deal. Without a deal agreed between the UK and EU, there is nothing but uncertainty from a VAT perspective...

Read more
EU-MOSS scheme changes

From 1 January 2019, new rules will be introduced for the VAT MOSS scheme in the EU

Read more
Turkey-Standard rate applicable to e-publications

Certain e-publications previously subject to the reduced rate will now be standard rated

Read more