Temporary reduced VAT rate for the supply of electricity, natural gas and heat via heat networks and the monthly VAT refund
25 May 2022
Due to the enormous pressure on prices for electricity and natural gas, there is a temporary measure reducing the VAT rate to 6% for residential contracts.
In addition, a system of monthly refunds has been introduced for taxpayers whose economic activity consists of supplying electricity, natural gas and heat and to whom the reduced VAT rate applies. The VAT administration has further explained this in Circular No. 2022/C/48.
Do you have questions regarding these new measures? Our VAT experts are available for advice or assistance with VAT formalities.