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VAT adjustments are planned for implementation on January 1, 2026, pending legislative approval by July 2025, affecting sectors such as district heating, books, accommodation services, cultural events, passenger transport, and insurance policies.
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The VAT rate for district heating, hot water, and firewood will rise from the current reduced 9% rate to the standard 21%, aiming to streamline tax rates across energy-related services.
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Books and non-periodical publications will benefit from a VAT reduction from 9% to 5%, a move intended to enhance public access to literature and support educational initiatives.
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A new 10% tax will apply to non-life insurance policies, excluding mandatory vehicle insurance, while VAT on accommodation, transport, and cultural services will increase from 9% to 12%.
Source: www.fiscal-requirements.com
