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Change in VAT rates

26 january 2022, Wednesday

VAT rates are going down! On Wednesday, The President signed a law lowering VAT. The new rates will apply from February 1 to the end of July.

Accordance with the law:

  • VAT on food and beverages currently subject to 5% tax is to drop to 0,
  • 23% VAT on motor fuels (diesel oil, biocomponents constituting self-contained fuels, gasoline, LPG gas) is to drop to 8%,
  • VAT on fertilizers, plant protection chemicals, horticultural soil and other measures supporting agricultural production is to drop to 0 from 8%,
  • VAT on CNG gas drops from 8% to 0%,
  • drop from 8% to 5% on thermal energy.

The act will require a change in the assignment of tax rates in fiscal devices.

To find out how to carry out this operation on Posnet cash registers and printers, please contact Posnet device dealers, our branches or the central service.

Read more here. 




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