overview of european vat rates - january 2014
TRANSCRIPT
VAT rates in Europe: from 1 January 2014
Please find below a high level overview of the VAT rates in Europe with changes and
anticipated/possible changes as announced to 1 January 2014. We have highlighted in red text the
most recent updates.
Country
Standard rate Reduced rate
Austria
20% 10%
Belgium
21% 12%, 6%, 0%
Bulgaria
20% 9%
Croatia
25% 5%, 10%
Cyprus
19% (with effect 13/1/2014) 18% (till 13/1/2014)
9% (with effect 13/1/2014), 5% 8% (till 13/1/2014)
Czech Republic 21% 15% Possible uniform rate 17.5% (as from 01/01/2016)
Denmark
25% none
Estonia
20% 9%
Finland
24% 14%, 10%, 0%
France
20% (with effect 01/01/2014) (from 19.6%)
10% (with effect 01/01/2014) (from 7%) 5.5, 2.1%
Germany
19% 7%
Greece (Mainland)
23% 13%, 6.5%
Greece (Aegean Islands)
16% 9%, 5%
Hungary
27% 18%; 5%
Ireland 23% 13.5%, 9%, 4,8%
Italy
22% (with effect 01/10/2013) 10%, 4%
Latvia
21% 12%
Lithuania
21% 9%, 5%
Luxembourg
15% Future increase of standard rate (with effect 2015)
3%, 6%, 12%
Malta
18% 5%
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Country
Standard rate Reduced rate
Moldova
20% 8% , 0%
The Netherlands
21% 6%
Norway
25%
15%, 8%
Poland
23% 5%, 8%
Portugal (Mainland)
23% 6%, 13%
Portugal (Azores)
16% 4%, 9%
Portugal (Madeira)
22% 5%, 12%
Romania
24% 9%, 5%
Russia
18% 10%, 0%
Slovak Republic
20% 10%
Slovenia
22% 9.5%
Spain
21% 10%, 4%
Sweden
25% 6%, 12%
Switzerland 8% 2.5%, 3.8%
Turkey
18% 8%, 1%
United Kingdom
20% 5%, 0%
Contacts:
Karen Robb Partner International Indirect Tax +44 (0)20 772 82556 [email protected]
Alex Baulf Senior Manager International Indirect Tax +44 (0)20 7728 2863 [email protected]
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