VATupdate
VAT; Budget

Share this post on

Budgetday 2025: Changes in VAT Rates and Regulations for Various Sectors

  • Budget Day 2025 has announced tax measures, including changes to sales tax
  • Low VAT rate for lodging will be abolished and the general rate of 21% will apply from 1 January 2026
  • VAT on books, culture and sports will be increased from 9% to 21%
  • The reduced rate will continue to apply to admission to amusement parks, play and ornamental gardens, circuses, zoos and cinemas
  • Non-profit sports clubs may be excluded from the VAT increase
  • Review regime for VAT deduction on immovable property extended to services related to immovable property

Source: nextens.nl

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.

Sponsors:

VAT news

Advertisements: