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Significant Changes to Romanian VAT Rates for 2024: What You Need to Know

  • VAT rates in Romania will increase from January 1, 2024
  • The reduced VAT rate of 9% will apply to various goods and services, including food and beverages, green energy solutions, construction deliveries, and entertainment and sports services
  • Items previously taxed at 5% will now be taxed at 9%
  • The VAT rate for alcohol-free beer and foodstuffs with added sugar exceeding 10g/100g will increase from 9% to 19%
  • The VAT rate for certain supplies, such as the use of sports facilities and transportation services, will also increase from 5% to 19%
  • VAT exemptions connected to supplies to public hospitals, such as construction services and medical equipment, have been withdrawn.

Source: marosavat.com

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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