Temporary VAT cut to 9.5% bill on domestic energy and electricity
Slovenia’s National Assembly has confirmed a VAT rate cut on gas bills from the standard VAT rate 22% to the reduced rate of 9.5%. The temporary reduction will be in place between 1 September 2022 and 31 May 2023.
This comes as inflation hit 11% in July, up from 10.4% in June.
Supplies included:
- Electricity
- Heating fuel
- Natural gas
- Biomass
- Remote heating
- Digital newspapers and journals (e-books are already at 5%)
European inflation VAT cuts have become popular across the region as inflation hits forty-year highs.