Read all about value added tax
Sweden Wants 50% Tax Reduction on Bike Repairs
STOCKHOLM, Sweden - To stimulate the repair industry in Sweden, the government is studying the opportunity to cut half the VAT rate on for example...
New VAT Payment Rules Form Threshold for Webshops
BRUSSELS, Belgium - For 'bike-webshops' it is getting harder to sell products outside their place of residence. New European Union VAT rules cast a...
Global Bike and P&A Sales Grows by 3%
PARIS, France - The 9th edition of a survey initiated in 2005 into the size of the global sports market indicates that sales of bicycles (all types)...
European Parliament Calls for Tax Cuts Retailers
BRUSSELS, Belgium - The European Action Plan for Retailers as adopted by the European Parliament is an appeal to the European Commission and member...
Fiscal Incentives for Cycling
BRUSSELS, Belgium - In March 2009, the Council reached an agreement on the continuation of reduced VAT-rates on a number of labour-intensive...
VAT Reduction on All Bicycle Products and Services
BRUSSELS, Belgium - In March 2009, the Council reached an agreement on the continuation of reduced VAT-rates on a number of labour-intensive...
Associations Urge for European Strategy on Cycling Incentives
In the same week as the Italian government announced its incentive scheme to spur bike sales for bringing down air pollution in urban areas; the...
Bike Retail Prices To Drop?
BRUSSELS, Belgium - Are bicycles, bike products and repairs becoming cheaper in 2011? Despite rising costs for raw materials and parts the bike...
COLIBI/COLIPED Lobbying for VAT Reduction
BRUSSEL, Belgium - In reply to a consultation paper of the European Commission the European bicycle industry represented in the associations COLIBI...
Lower taxes for Haircuts, Bicycle Repairs and House Renovation
BRUSSELS, Belgium - The EU Commission authorised lower VAT rates for a number of labour-intensive services - most notably, house renovation and...