European VAT rate changes 2011
As of January 2011 several European countries will change their VAT rates. Below is an overview of the planned VAT rate changes:
| Country |
VAT Std Rate |
VAT Std Rate |
VAT Reduce rate |
VAT Reduce rate | Startdate |
| - | Current | New | Current | New | - |
| United Kingdom | 17,5% | 20,0% | 5,0% | no change | 4-1-2011 |
| Switzerland and Liechtenstein (non-eu) |
7,6% | 8,0% | 3,6% / 2,4% | 3,8% / 2,5% | 1-1-2011 |
| Portugal | 21,0% | 23,0% | 13% / 6% | no change | 1-1-2011 |
| Slovakia | 19,0% | 20,0% | 10% / 6% | no change | 1-1-2011 |
| Latvia | 21,0% | 22,0% | 5,0% | no change | 1-1-2011 |
| Poland | 22,0% | 23,0% | 7,0% | 8,0% | 1-1-2011 |
- Ireland recently announced that the gouvernment plans to increase the standard VAT rate to 23% in 2013 and an additional 1% as from 01-01-2014.
For more information about VAT changes 2011 please contact
Daniëlle van der Meulen - Idema, Sr. Indirect Tax Specialist: +31(0)314-695247.
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