Croatia
From 1 January 2020, Croatia plans to reduce their standard VAT rate from 25% to 24%.
Croatia
From 1 January 2020, Croatia plans to reduce their standard VAT rate from 25% to 24%.
At the same time, they also plan to reduce the VAT rate applicable to hospitality services provided in cafes, restaurants and hotels, from 25% to 13%. This decrease is aimed at boosting the tourism sector and mirrors the VAT treatment most EU countries apply to their travel and hospitality sectors.
Romania
From 1 January 2020, the Romanian tax authorities are proposing to cut the standard VAT rate from 19% to 16%.
If adopted the reduced VAT rate will also be lowered from 9% to 5%.
The above information was kindly provided by:
- Fiscal Solutions (UK), fiscalsolutions.co.uk; contact: [email protected]
- Ryan VAT Systems (France), vatsystems.eu; contact: [email protected]
