- Spain has extended the 0% VAT rate on basic food items until June 30, 2024.
- The 0% VAT rate will apply to breads, milk, cheeses, eggs, fruits, vegetables, legumes, tubers, and cereals.
- The reduced VAT rate of 5% on olive oil, seed oil, and pasta products has also been extended until June 30, 2024.
- Certain energy products, such as electricity and natural gas, will have an increased VAT rate of 10% for specific periods in 2024.
- Pellets, briquettes, firewood, and ecological substitutes for natural gas will also have a 10% VAT rate until June 30, 2024.
Source: meridianglobalservices.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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