VAT rates: Back to normal as from 2024
06 December 2023
A key question surrounding Luxembourg VAT in this late 2023 is whether VAT rates shall go up again as of January 1, 2024. The answer should be yes!
The decrease of the Luxembourg VAT rates by 1% (with the exception of the super-reduced rate) that was introduced in late 2022 was a temporary provision in principle limited to the period from 1st January 2023 to 31st December 2023.
Therefore, unless any unexpected last-minute change, the applicable VAT rates shall go back to normal as from 1st January 2024.
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