Are you aware of the latest
VAT rate changes in Luxembourg ?
Since 1 January 2023, new VAT changes have come into effect in certain EU countries, this is the case for Luxembourg.
From January 1, 2023 to December 31, 2023, Luxembourg will see its VAT rates reduced by 1%.
This means that :
► The standard rate of 17% drops to 16%,
► The intermediate rate of 14% drops to 13%,
► The reduced rate of 8% drops to 7%.
If you are concerned by any of the changes mentioned above, be sure to apply the appropriate rate(s).
Get in touch with us today so we can help you with these processes !
