Since January 1, 2018, disability insurance no longer benefits from additional funding through VAT.
The following VAT rates are applicable from this year: 7.7% for the standard rate, 3.7% for the special rate (hotels) and 2.5% for the reduced rate (essential goods).
The main consequences for your company are as follows:
- Updating accounting and billing programs
- Updating of company pricing documents (advertisements, website, quotation forms)
Please note: for services in progress or provided in 2017 but invoiced after January 1, 2018, the old rates remain in force.