Changes in VAT rates

From January 1st 2012 the VAT rates on the following goods and services have been changed:

 

• the VAT rate on the supply, intra-community supply and import of clothing and clothing accessories for infants and children’s footwear will increase from 8% to 23%;

 

• the VAT rate on the supply, intra-community supply and import of some medical products (i.e., in-vitro and implant devises) will increase from 8% to 23%;

 

• the supply of services connected with the conservation and restoration of historical monuments will become 23% (previously exempt);

 

• the supply of certain services delivered by public institutions will be subject to VAT at 23% (previously exempt).