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Old 24.11.2010, 19:06
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New VAT rates for 2011

As of 1st of January 2011 new VAT rates will become effective:

Normal rate old = 7.6% / new = 8.0%
Special rate old = 3.6% / new = 3.8%
Reduced rate old = 2.4% / new = 2.5%

As an FYI. I didn't know but perhaps i missed a thread on this. Relatively minor but an increase nonetheless.
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Old 24.11.2010, 19:33
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Re: New VAT rates for 2011

Thanks for the notice. Seeing as Portugal is facing the possibilty of a 23% rate of VAT next year, and Ireland a couple of years later, I won't complain too loudly about this one.
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Old 24.11.2010, 19:48
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Re: New VAT rates for 2011

And UK VAT increases to 20%
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Old 24.11.2010, 20:02
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Re: New VAT rates for 2011

And it is 25% in Denmark and has been for a looooong time....
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