Reduced VAT / GST rate

10.5 ^[1]

Standard VAT / GST rate

21 ^[2]

High VAT / GST rate

27 ^[3]

[1] The tax rate of 10.5% applies on "staple" or "basic" foods, such as milk, bread, fruit, etc.

[2]  The standard VAT is applied to the net price of the good, service or work, generally at the rate of 21%.

[3] The higher rate of 27% applies on public utility services, such as natural gas, power and water supply, etc.