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Aug 18, 2022 17:33 EEST
August 18 (SeeNews) - The Croatian government plans to cut to zero the value added tax (VAT) rate on investments in solar panels in a move to secure the country's long-term energy supply, prime minister Andrej Plenkovic said on Thursday.
“Everyone who wants to invest in solar panels will have an opportunity to do so without a value added tax,” Plenkovic told a weekly cabinet meeting, as seen in a video recording on the government web site.
You can download the 2024 Renewable energy in Southeast Europe report here
Currently, the general VAT rate in Croatia is 25%.
As of April 1, the government cut VAT on the sales of heating energy permanently to 13% from 25% and slashed VAT on natural gas from 25% to 5% from April 1, 2022 to March 31, 2023, before rising to 13% afterwards as part of its measures to tackle soaring energy prices.
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