- VAT rates in the EU vary from country to country, generally between 15 and 27%
- Several EU countries have announced changes to their VAT rates for 2024
- Switzerland’s standard VAT rate increases from 7.7% to 8.1%
- Czech Republic removes its two reduced rates of 10% and 15% and replaces them with a single reduced rate of 12%
- Estonia increases its normal VAT rate from 20% to 22%
- Luxembourg will regain the point lost in 2023, with the normal VAT rate increasing from 16% to 17% and reduced rates increasing as well
Source: eurofiscalis.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.
