Sarah Halsted provides an updated guide to the VAT standard rates and compliance thresholds across the European Union
This table summarises the standard rates of VAT in each member state and other useful information such as registration distance selling and thresholds.
The various thresholds have remained relatively static around the EU since the last update published in September 2013. Only three countries – France Cyprus and Italy – have raised their standard rate of VAT and none of these increases exceeded 1%. Luxembourg intends to raise its standard rate of 15% (currently the EU’s lowest) to 17% but this is not expected to take effect until 2015.
The EU recently reduced the percentage coverage of compulsory arrivals data collection from 95 to 93% of the value of intra-EU trade. So far however few countries have made significant increases to their...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
Sarah Halsted provides an updated guide to the VAT standard rates and compliance thresholds across the European Union
This table summarises the standard rates of VAT in each member state and other useful information such as registration distance selling and thresholds.
The various thresholds have remained relatively static around the EU since the last update published in September 2013. Only three countries – France Cyprus and Italy – have raised their standard rate of VAT and none of these increases exceeded 1%. Luxembourg intends to raise its standard rate of 15% (currently the EU’s lowest) to 17% but this is not expected to take effect until 2015.
The EU recently reduced the percentage coverage of compulsory arrivals data collection from 95 to 93% of the value of intra-EU trade. So far however few countries have made significant increases to their...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
