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New interest rate of 3.38% for sales tax and appeal

From 2 November 2022, a new interest rate of 3.38% for sales tax and appeal will apply.

Below are the other recent changes made to interest rates in 2022:

  • 1.88% from 20 July 2022 to 13 September 2022;
  • 2.63% from 14 September 2022 to 1 November 2022.

VAT interest applies to both credit notes and payments. The VAT interest must be at least EUR 50.00.

Source Taxbackinternational

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