BriefTea
Every story in sixty words
Get the free app no ads · no paywallExplained in plain English
Belgium's standard VAT rate is 21%. This is higher than the UK's standard rate of 20%, which has been in place since 2011. VAT, or Value Added Tax, is a consumption tax added to most goods and services. Governments use VAT revenue to fund public services, but increases can make everyday items more expensive for consumers.
Stories that explain this
Brussels Protesters Clash With Police Over Budget CutsRelated explainers
Why are Belgium's unions striking? How often do Belgians strike? Can police use water cannon here? What are average death rates? Why does the Bank of England hold rates? Why does the Bank of England raise rates? Why do brokers rate 'buy'? How can Burnham cut VAT?The full catalogue
Browse every card filed under B →We would like to count visits and see which links bring readers here. That means storing a random ID in your browser. No cookies, no ads, no profile. How it works.