- Clarity on VAT Abolition: The government aims to clarify the interpretation of abolishing reduced VAT rates on culture by the Spring Memorandum, addressing concerns from entrepreneurs and citizens.
- Standardization Challenges: A move towards standardizing VAT rates is unlikely before 2027 due to outdated ICT systems; modernization efforts are currently underway.
- Cultural Sector Uncertainty: The government recognizes the undesirable uncertainty in the cultural sector and is committed to providing timely clarity and legislative action on VAT-related issues
Source Taxence
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