At EBV Finance, we understand the importance of keeping you well-informed and prepared for any changes that may impact your financial planning. Therefore, we would like to take a moment to inform you of up-to-date information regarding VAT rate changes for 2024 in some EU countries, which have been officially confirmed by the Tax Authorities.
Please pay attention to the planned VAT changes in Estonia, Liechtenstein, Luxembourg and Switzerland.
| Country | Current VAT rate | Changes |
| Estonia | 20% | Estonia will increase the standard VAT rate from 20% to 22%, from January 2024. |
| Switzerland | 7.7% | Switzerland will increase the standard VAT rate from 7.7% to 8.1%, from January 2024. |
| Liechtenstein | 7.7% | Liechtenstein will increase the standard VAT rate from 7.7% to 8.1%, from January 2024. |
| Luxembourg | 16% | Luxembourg lowered its VAT rate on January 1, 2023, for 1 year period. On January 1, 2024, this temporary reduction will end, and the 17% rate will again be applicable instead of 16%. |
*Information was prepared on 19.09.2023 based on the official information provided by the Tax Authorities. EBV Finance will not be held responsible for any changes made by the authorities.