Scroll to the right for more info
Click on the name of the country to see more info
| Region | Country | Status | Legislative change | VAT Rates | |||
| Old Rate | New Rate | Starting date | Ending date | ||||
| Europe | Spain | Draft | VAT rate will be lowered from 10% to 4% for feminine hygiene products | 10% | 4% | 01/01/23 | |
| Europe | Cyprus | Approved | Exemption of petroleum products from VAT and excise taxes until the end of 2022 The introduction of a zero-rated VAT on the modification of fuel costs included in the final electricity bill of the Cyprus Electricity Authority |
0% | 15/01/23 | ||
| Europe | Finland | Draft | Reducing VAT on electricity to 10% and zero-rating passenger transport from December 2022 to April 2023 | 10% | 01/12/22 | 30/04/23 | |
| Europe | Belgium | Approved | Face masks and hydroalcoholic gels – reduced VAT rate of 6%: extension until December 31, 2022 | 21% | 6% | 30/06/22 | 31/12/22 |
| Europe | Belgium | Approved | 0% for the importation of Covid-19 vaccinations and medical equipment for Covid-19 in vitro diagnostics. | 0% | 30/06/22 | 31/12/22 | |
| Asia | Maldives | Draft | Increase in the standard rate from 6% to 8% | 6% | 8% | 01/01/23 | |
| Asia | Maldives | Draft | Increase in the rate on the supply of tourism goods and services from 12% to 14% | 12% | 14% | 01/01/23 | |
| Europe | Switzerland | Draft | Standard VAT rate: 8.1%, instead of the current 7.7% | 7,7% | 8,1% | 01/01/24 | |
| Europe | Switzerland | Draft | Reduced VAT rate: 2.6%, instead of the current 2.5% | 2,5% | 2,6% | 02/01/24 | |
| Europe | Switzerland | Draft | Special VAT rate for accommodation: 3.8%, instead of the current 3.7% | 3,7% | 3,8% | 03/01/24 | |
| Europe | Ireland | Draft | 9% VAT rate for certain activities in the hospitality and tourism sector to continue to 28 Feb 2023 | 9% | 28/02/23 | ||
| Europe | Ireland | Draft | VAT on the supply of newspapers (including digital editions), defibrillators, nicotine and hormone replacement therapies and certain period products to be reduced to 0% | 0% | |||
| Europe | Italy | Approved | Reduced Fuel Excise Duties and Reduced VAT Rate on Natural Gas Used for Transport | 5% | 17/10/22 | ||
| Europe | Isle of Man | Approved | 5% reduced rate for construction services from 1 January 2023 | 5% | 01/01/23 | ||
| Europe | Germany | Approved | Restaurant and catering services, with the exception of the sale of drinks | 19% | 7% | 31/12/23 | |
| Europe | Luxembourg | Draft | Standard VAT rate of 16% (instead of 17%) | 17% | 16% | 01/01/23 | |
| Europe | Luxembourg | Draft | Intermediary VAT rate of 13% (instead of 14%) | 14% | 13% | 01/01/23 | |
| Europe | Luxembourg | Draft | Reduced VAT rate of 7% (instead of 8%) | 8% | 7% | 01/01/23 | |
| Asia | Uzbekistan | Approved | VAT rate will be reduced from 15% to 12% from 1 January 2023 | 15% | 12% | 01/01/23 | |
| Europe | Greece | Approved | Coffee, transport, non-alcoholic drinks, cinemas, gyms and dance schools and tourism packages. | 24% | 13% | 30/06/20 | 30/06/23 |
| Europe | Isle of Man | Approved | Temporary relief from VAT in the form of a zero-rate on supplies of services and installation of energy-saving materials | 5% | 01/04/22 | 31/12/27 | |
