EU VAT relief for vaccines and testing kits

Dec 14, 2020

New VAT measures have been adopted based on a European Commission proposal and are designed to give better and cheaper access to vaccines and testing kits to treat COVID-19.  

EU countries will be able to put in place a temporary VAT exemption for vaccines and testing kits sold to hospitals, doctors and individuals.  Under the amended Directive, Member States will be able to apply either reduced or zero rates to both vaccines and testing kits if they so choose. 

For more information read the Commission’s update.