French Parliament Approves VAT Reduction for Shoe and Leather Goods Repairs

• French parliament reduces VAT on shoe and leather goods repairs
• VAT rate reduced from 20% to 5.5% on repair of shoes, leather goods, textiles, and bicycles
• Fédération Française de la Cordonnerie Multiservice (FFCM) welcomes tax change
• FFCM highlights importance of promoting circular economy and supporting local craftsmen
• FFCM warns of potential loss of skills and know-how without support for repair industry

Source: worldfootwear.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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