There are always VAT rate changes at New Year. 2020 is not a ‘bumper’ year for these, but there are a few:
- Croatia
A reduced 13% VAT rate is to apply in Croatia in the hospitality sector (i.e. preparating and serving of meals, including desserts, in and outside a catering facilities) from 1 January 2020.
- Hungary
With effect from 1 January 2020 Hungary will reduce its VAT rate for accommodation services from 18% to 5%.
- Slovenia
As of 1 January 2020 a new reduced VAT rate of 5% will be introduced in Slovenia and it will apply to publications (both printed and e-books).
This story was originally posted on VAT Life, Quipsound’s quarterly newsletter in association with Essentia Global Services. Click here to see the story and more on VAT Life.