VAT news tagged as "VAT increase"


Slovenia 2% VAT rate increase July 2013

March 29th, 2013

9 May 2013 Update. As Slovenia comes under close scrutiny for its disproportionately large financial services sector, with comparisons to troubled Cyprus being made, the government has indicated that it is planning a 2% VAT rate rise to 22% from 1 July 2013.  The reduced VAT rate will also rise from 8.5% to 9.5%. The …


Netherlands raises VAT from 19% to 21% October 2012

May 1st, 2012

The standard Dutch Value Added Tax VAT rate is to rise from 19% to 21% on the 1st October 2012. The increase is part of a package of austerity measures brought forward by the collation government as its attempts to keep the Netherlands deficit to within 3% of GDP.  This is a key criteria of …