- Luxembourg will increase the standard rate of VAT from 16% to 17% from January 2024
- The lower VAT rates will also increase from 13% and 7% to 14% and 8% respectively
- This increase will end the temporary reduction that was implemented from January 2023
Source: fiscalsolutions.co.uk
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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