- VAT rates in the European Union in 2024 are regulated by the Union, allowing member states some flexibility in setting their rates.
- Each country has the ability to adjust VAT rates, including standard rates, two reduced rates, and a super-reduced rate.
- VAT rates in EU countries vary depending on the region, with some countries implementing a wider range of reduced rates than others.
- Different EU countries have their own approach to applying a 0% VAT rate on selected products and services.
- The complexity of the VAT system in the EU increases as different countries apply different VAT rates for specific product groups.
- The information on VAT rates in the EU for 2024 has been gathered and presented in a clear format by collaborating with offices across Europe.
- Several EU countries have announced changes to the VAT rates they apply, driven by factors such as simplification, economic growth, or support for specific sectors.
- A table is provided with the VAT rates for different countries in 2024.
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.
