Prolonged inflation leads Parliament to propose one-year extension of VAT reduction
Croatia’s Parliament is reviewing a new tax code update that would prolong the cut in VAT on heating from 25% to 5%. Gas would also be held at 5% from its usual reduced rate of 13%.
February 2023 inflation is running at 11.9%, down from a peak of almost over 13% late last year.
Source vatcalc
