Initiative for Reduced VAT on Catering Submitted to Saeima for Consideration

• An initiative has been submitted to the Saeima for consideration regarding a reduced VAT rate for public catering.
• The initiative has gained support from over 13,000 residents.
• The author of the initiative, Andris Kalniņš, expressed delight at the public support and the immediate necessity of these changes.
• The introduction of a reduced VAT rate for public catering would make the sector’s services more accessible during price rises.
• Kalniņš hopes that Latvia will join other European Union countries in having a reduced VAT rate for catering services.
• Currently, catering services in Latvia are subject to a full VAT rate of 21%.
• The collection of signatures for the initiative started on November 7, 2023.
• Caterers have been calling for a reduced VAT rate on public catering since at least 2018, but the proposal has not been supported so far.

Source: eng.lsm.lv

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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