VAT gas reduction
In view of the coming winter, combined with spiralling inflation, multiple governments across Europe are re-assessing gas and energy prices and reviewing VAT rates. Spain has acted decisively to reduce the VAT rate, by reducing VAT on gas from 21% to 5%. The measure is intended to last until the end of the year but may be extended. Tungsten Network supports all valid rates for Spain as part of our Web Form solution and continues to monitor VAT rates in the country.