Temporary VAT cut to 9.5% bill on domestic energy and digital newspapers
Slovenia has confirmed a VAT rate cut on gas bills from 22% to 9.5%. This comes as inflation hit 10.4% in June.
The Slovenian Parliament is reviewing a bill to temporarily reduce the VAT on domestic energy supplies from the standard rate of 22% to the reduced rate of 5% until May 2023
The cut in indirect tax would be applied from 1 September 2022 to to May 31 2023.
Supplies included:
- Electricity
- Heating fuel
- Natural gas
- 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.