VAT Update for Essential Products
Due to regulatory changes published in the Official State Gazette (BOE) with regard to the VAT rates applicable to certain essential products, it is important to make the necessary updates to the product databases before implementation.
As of 1 October 2024 the new tax rates will enter into force, which will be in force until 31 December 2024.
Attention: the VAT rate for restaurant sales remains unchanged.
The main changes are listed below, the full list is here.
| Product | Current VAT rate (until 30/09/2024) | New VAT rate (from 1/10/2024 to 31/12/2024) |
| Seed oils and food pastes | 5% | 7,50% |
| Bread, flour, milk, cheese, eggs, fruit, vegetables, tubers, pulses, legumes and cereals | 0% | 2% |
| Olive oil | 0% | 2% |
We recommend that you review your product databases and update them accordingly to be in compliance with current regulations.
If you have any questions or need assistance with the implementation of these modifications to your system, please do not hesitate to contact us. We are at your disposal to help you with anything you need.
