TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

List of VAT Rates Applied in The Member States

The EU Commission has produced a schedule of VAT rates applied in each of the 27 Member States as at 14 January 2013. The schedule also provides information on the application of reduced VAT rates by Member States to the categories of goods and services as set out in Annex III of the VAT Directive.

The Schedule provides an interesting comparison of the VAT rates applied by individual Member States of the European Union. While Ireland's standard rate of 23% is higher than the UK'S rate of 20%, other Member States apply even higher standard rates as permitted by the VAT Directive such as Hungary at 27% and Denmark and Sweden both at 25%.