Important EU VAT change in 2015
Wednesday, December 31st, 2014Starting Tomorrow, 1st January 2015, the way VAT is calculated for our European Union located customers will change. Until now we had to add 21% VAT to all EU customers as the VAT rate in Czech Republic, where our company is registered and located is 21%.
In 2015 this will change, however. The VAT will be based on the standard VAT rate in the country of the customer, as selected in the order form. For most customers the difference will be negligible, although customers in the more “socialistic” countries will have to pay more.
Please keep in mind this change is required by new EU laws and we hate it as much as any other EU merchant as it adds significant complexity to already complicated tax laws.
Standard VAT rates in EU countries (plus Monaco which shares EU VAT laws with France) are as below:
Austria 20%
Belgium 21%
Bulgaria 20%
Croatia 25%
Cyprus 19%
Czech Republic 21%
Denmark 25%
Estonia 20%
Finland 24%
France 20%
Germany 19%
Greece 23%
Hungary 27%
Ireland 23%
Italy 22%
Latvia 21%
Lithuania 21%
Luxembourg 15%
Malta 18%
Monaco (French VAT) 20%
Netherlands 21%
Poland 23%
Portugal 23%
Romania 24%
Slovakia 20%
Slovenia 22%
Spain 21%
Sweden 25%
United Kingdom 20%