VATupdate
VAT

The decreased Luxembourg VAT rates in practice

The package of measures adopted recently by the Luxembourg government to tackle inflation foresees a temporary decrease of the Luxembourg VAT rates for the period from 1st January 2023 to 31st December 2023.
In particular, to the exception of the super-reduced rate (3%), the current Luxembourg VAT rates shall be decreased by 1%. Therefore, the standard rate will become 16%, while the intermediary rate will become 13% and the reduced rate 7% (see also our Indirect Tax Newsletter dated 6 October 2022).

Source BDO

 

Sponsors:

VAT news
VAT news

Advertisements:

  • VAT news