VAT recommendations
The committee recommended simplifying the VAT rules by implementing a single rate of 25% for all goods and services. In addition, the committee proposed to remove several exemptions from VAT, such as for media services and electricity for private customers. However, the committee did not propose significant changes to the exemption from VAT for financial services. Furthermore, the committee recommended harmonizing the nonrecurring duty for electric cars with other cars and abolishing the VAT exemption for electric cars.
Source Deloitte
