- France will reduce VAT for shoe and leather goods repairs from 20 percent to 5.5 percent starting January 1, 2025
- The VAT reduction also applies to textile and bicycle repairs
- The initiative is designed to encourage a circular economy and bolster local businesses
Source: meridianglobalservices.com
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.