- An initiative has been submitted to the Saeima for consideration regarding a reduced VAT rate for public catering.
- The initiative has gained support from over 13,000 residents.
- The author of the initiative, Andris Kalniņš, expressed delight at the public support and the immediate necessity of these changes.
- The introduction of a reduced VAT rate for public catering would make the sector’s services more accessible during price rises.
- Kalniņš hopes that Latvia will join other European Union countries in having a reduced VAT rate for catering services.
- Currently, catering services in Latvia are subject to a full VAT rate of 21%.
- The collection of signatures for the initiative started on November 7, 2023.
- Caterers have been calling for a reduced VAT rate on public catering since at least 2018, but the proposal has not been supported so far.
Source: eng.lsm.lv
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
