Bill On Business

European VAT Rates – EU VAT Rates

How much does VAT vary across Europe? Quite a lot actually.

Cyprus & Luxembourg have the lowest standard EU VAT rates at 15%

Norway, Denmark & Sweden charge a quite eye watering 25%, with plenty or countries charging 21-23%. Suddenly the UK’s current (hopefully temporary) emergency budget rate of 20% suddenly doesn’t seem so bad.

Switzerland has the lowest standard VAT rate of 8%  in the geography of Europe (but obviously outside EU)

For detailed rates of each country go to: VAT Rates for EU   or Swiss VAT Rates