VAT on electricity will remain at the reduced rate of 10% until April 30, 2022, as well as the minimum rate of 0.5% of the Special Tax on Electricity.
The Tax on the Value of Energy Production Eléctrica will continue to be suspended during the first quarter of
2022.
The extension of the tax cuts will allow savings an additional 2 billion euro for households, freelancers and companies.
The Royal Decree-law approved today also includes an extension of the super-reduced rate of IVA for surgical masks until June 30, 2022 and the 0% rate at intra-community deliveries, imports and acquisitions of medical supplies to combat COVID acquired by health centres and social entities.
The Government approves the extension of the tax rebates of the electricity bill and the super-reduced VAT rate of 4% for masks
VAT on electricity will remain at the reduced rate of 10% until April 30, 2022, as well as the minimum rate of 0.5% of the Special Tax on Electricity. The Tax on the Value of Energy Production...
Dec 21, 2021
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