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

UK MP Calls for Scrapping VAT Applied to Sunscreen

UK MP Chris Bryant calls for scrapping the 20% VAT rate applied to sunscreen products, encouraging more people to regularly use it.

Read more
Greek VAT Reductions Aims to Increase Tourism

On the eve of a European election, Greek Prime Minister Alexis Tsipras proposes a number of significant tax reductions focusing on increasing tourism to the country.

Read more
New 'Super Weapon' Against VAT Fraud In Europe

The Transactional Network Analysis quickly uncovers suspicious transactions and fraudulent VAT activity.

Read more