Bills of Law 8080 and 8083, both deposited with the Luxembourg Parliament on 12 October 2022, provide for decreases in VAT rates in Luxembourg.
The Law dated 26th October 2022, has been published into the Memorial A534 on 26th October. It notably provides for a temporary reduction in Luxembourg VAT rates as part of measures to combat the economic effects of inflation, that will be effective from 1 January 2023 to 31 December 2023.
The reductions concern the following rates :
The super reduced rate of 3% will remain unchanged.
Bill of Budget Law 8080, deposited with the Luxembourg Parliament on 12 October 2022, provides for a permanent reduction in VAT rates on certain categories of goods and services services :
To follow this news, do not hesitate to subscribe to our LinkedIn page https://lu.linkedin.com/company/vat-solutions
For a tailor-made service on this subject, please contact us at email@example.com