Newly submitted Bills13/07/09 / cata_tax-news
Amendment to VAT Act – reduced rates for restaurant services
On 12 June 2009 the Chamber of Deputies held a first reading of the governmental draft amendment to the VAT Act (Parliamentary publication no. 801) pursuant to which certain activities would be included in Annex 2 to the VAT Act as services subject to a reduced VAT rate. Repairs of bicycles, clothes and soft furnishing, hairdressing and barber services, restaurants services, excluding supply of tobacco products and serving of alcoholic drinks, should be included under the reduced VAT rate. This amendment becomes effective from the date of publication. Further developments of the amendment will not be known until after the Chamber of Deputies meet in September.