New Value Added Tax Rate

Since 1 January 2015, the applicable VAT rates are increased by 2 percentage points. The standard VAT rate rises from 15 % to 17 %. This still remains the lowest VAT rate within the EU.

The 2 % raise also applies to the reduced VAT rates, bringing the reduced VAT rates from 6 % to 8 % and from 12 % to 14 % respectively. The super-reduced 3 % rate remains unchanged, except for the supply of alcoholic beverages consumed in restaurants and construction work made for housing used as a principal residence by a third party (with a transitional period until 31 December 2016).