The Luxembourg Finance Minister recently confirmed a planned VAT rate increase of 2% for the main rates:

  • 15% – to 17%
  • 12% – to 14%
  • 6% – to 8%

The 3% rate applied to basic necessity products would remain unchanged.  It is thought that the rate changes will not be effective before 1 January 2015, however this is still under consideration.  We will provide further updates in respect of when the changes will take effect.

By |February 5th, 2014|