The Ministry of Treasury and Finance is preparing to increase the VAT rates applied to businesses such as cafes and restaurants that provide food and beverage services.
Ministry of Treasury and Finance, restaurants and cafes Change in VAT rates He made statements indicating that it would be done. The prepared draft of the communiqué was recently published on the website of the Revenue Administration Presidency.
The draft communiqué was prepared after receiving comments. When published in the Official Gazette will come into force. Thus, VAT rates applied to businesses such as cafes and restaurants will increase.
The VAT rate for cafes and restaurants will be increased to 10%, and that of alcoholic beverages to 20%.
According to the draft, VAT rates applied to businesses such as coffee houses, cafeterias, patisseries, and catering companies to 10% will be removed. Let us note that normally this rate is 8%. The 18% tax on alcoholic beverages in these establishments is to 20% will be upgraded.
At the same time, the VAT applied to the services of businesses such as casinos, bars, dance halls, pavilions, pubs and taverns will also increase. Thus, the VAT rate, which is 18%, will be increased to 20%. We will see together how the prices in cafes and restaurants will be affected when it comes into force. However, it would not be wrong to say that the already high prices will increase further.