Further to our recent story, the widely anticipated VAT rate increases in Luxembourg have been excluded from the country’s 2014 budget.

Finance minister Pierre Gramegna has confirmed that the potential 2% increases in the standard (15%),  and reduced (6%/12%) rates will not be introduced during 2014, however there is some expectation that the increases may feature in Luxembourg’s budget for 2015.

By |March 6th, 2014|