Austria increases reduced VAT rates 2016
Austria has announced in its latest budget a rise in its reduced VAT rates from 1 January 2016.
The current 10% rate will be increased to 13% on the following supplies:
- Hotel accommodation
- Printed books, newspapers and magazines
- Residential property rent
The following goods will remain at 10%:
The standard Austrian VAT rate of 20% will remain unchanged. So too will the special 19% rate for Mittelberg and Jungholz.