Spain Spain approves State Budget Bill for 2021: VAT rate increase sweetened drinks, increased threshold for simplified and special VAT regimes, insurance tax increased 07 January 202195 views1 min read Source EY See also VAT rate increase sweetened drinks, increased threshold for simplified and special VAT regimes, insurance tax increased Spanish Parliament approves final legislation to implement MDR (DAC6) Recovery of Spanish VAT quotas by non-established UK companies after Brexit