EU VAT rates - UK trading in Europe; inside - outside European Community EC

European Community EC - European Union EU

• European Union EU is a collective term.
• European Union EU does not, strictly speaking, have a legal personality.
• UK VAT trading law is therefore defined as:
• In United Kingdom UK.
• With European Community EC.
• Outside European Community EC.
• Confusingly some HMRC VAT guidance is drafted as:
• inside or outside European Community EC.
• in other places inside or outside European Union EU.

Left EU - 31 January 2020; in transition until 31 December 2020

• Inside EC - No change until after the end of transition.

Ref - Country	Currency
GB-United Kingdom	Sterling GBPound
GB-Isle of Man	Sterling GBPound

VAT 27 member list in the European Union EU

• Inside EC - Treated in the standard way for EC imports and exports.

Ref - Country	Standard VAT rate Other rates apply by specific category Full EU VAT details 135 pages	Currency
AT-Austria	20%	Euro
BE-Belgium	21%	Euro
BG-Bulgaria	20%	Lev
HR-Croatia	25%	Kuna
CY-Cyprus	19%	Euro
CZ-Czech Republic	21%	Koruna
DK-Denmark	25%	Danish Krone
EE-Estonia	20%	Euro
FI-Finland	24%	Euro
FR-France	20%	Euro
- and Monaco	20%	Euro
DE-Germany	19%	Euro
EL-Greece	24%	Euro
HU-Hungary	27%	Florint
IE-Ireland	23%	Euro
IT-Italy	22%	Euro
- and San Marino	0% - 17% Monofase tax applies to imports	Euro
LV-Latvia	21%	Lats
LT-Lithuania	21%	Litas
LU-Luxembourg	14%	Euro
MT-Malta	18%	Euro
NL-The Netherlands	21%	Euro
PL-Poland	23%	Zloty
PT-Portugal	23%	Euro
RO-Romania	19%	Leu
SK-Slovakia	20%	Euro
SI-Slovenia	22%	Euro
ES-Spain	21%	Euro
SE-Sweden	25%	Krona

European Economic Area EEA

• Outside EC - Treated in the standard way for 'outside EC' imports and exports.
• Not VAT members.
• Outside European Community EC.
• All the above countries are members of European Economic Area EEA
• Additionally European Economic Area EEA member states are listed below.

Ref - Country	Currency
Iceland	Icelandic Krona
Liechtenstein	Swiss franc
Norway	Norwegian Krone
Andora	Euro
Vatican City	Euro

Other European countries

• Outside EC - Treated in the standard way for 'outside EC' imports and exports.
• Outside the European Community EC.
• Outside the European Economic Area EEA.
• Not VAT members.

Ref - Country	Currency
Albania	Lek
Belarus	Belarus Ruble
Bosnia and Herzegovina	Convertible Mark
Macedonia	Denar
Moldova	Leu
Montenegro	Euro
Serbia	Serbian Dinar
Switzerland	Swiss Franc
Ukraine	Hryvnia

Outside EC - Other European counties - also Asian countries

• Outside EC - Treated in the standard way for 'outside EC' imports and exports.
• Outside the European Community EC.
• Outside the European Economic Area EEA.
• Not VAT members.

Ref - Country	Currency
Azerbaijan	Manat
Georgia	Lari
Kazakhstan	Tengi
Russia	Ruble
Turkey	Turkish Lira

European special status

• Outside EC - Treated in the standard way for 'outside EC' imports and exports.
• Outside the European Community EC.
• Outside the European Economic Area EEA.
• Not VAT members.
• Not universally recognised as a country, particularly by Serbia.
• Not recognised as a Euro currency zone member.

Ref - Country	Currency
Kosovo	Euro

Please contact us about VAT and trading inside - outside the European Community EC