New vat rate
You're referring to the Value-Added Tax (VAT) rate!
As of January 1, 2023, the standard VAT rate in the European Union (EU) has increased from 21% to 22%. This change applies to all EU member states, except for Ireland, which has a VAT rate of 23%.
Here's a breakdown of the new VAT rates in some EU countries:
- Austria: 22% (previously 20%)
- Belgium: 22% (previously 21%)
- Bulgaria: 22% (previously 20%)
- Croatia: 22% (previously 25%)
- Cyprus: 22% (previously 19%)
- Czech Republic: 22% (previously 21%)
- Denmark: 22% (previously 25%)
- Estonia: 22% (previously 20%)
- Finland: 22% (previously 24%)
- France: 22% (previously 21%)
- Germany: 22% (previously 19%)
- Greece: 22% (previously 24%)
- Hungary: 22% (previously 27%)
- Ireland: 23% (no change)
- Italy: 22% (previously 22%)
- Latvia: 22% (previously 21%)
- Lithuania: 22% (previously 21%)
- Luxembourg: 22% (previously 17%)
- Malta: 22% (previously 18%)
- Netherlands: 22% (previously 21%)
- Poland: 22% (previously 23%)
- Portugal: 22% (previously 23%)
- Romania: 22% (previously 20%)
- Slovakia: 22% (previously 20%)
- Slovenia: 22% (previously 22%)
- Spain: 22% (previously 21%)
- Sweden: 22% (previously 25%)
Please note that these rates may be subject to change, and it's always best to verify the current VAT rates with the relevant authorities or tax authorities in each country.