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Tax department presents proposed 2023 Budget (a.o. rate changes)

The Presentation consists of the following measures that will be mainly effective on 1 February 2023:

 

  • Increasing the VAT rate on carbonated and soft drinks, as well as beverages with added sugar, from 15% to 20%
  • Removing sugar from the list of zero-rated VAT
  • Excluding particular food and personal care products from the VAT
  • Lowering the VAT on mobile and broadband data from 20% to 15%
  • ..

Source: GVC

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