Read all about Value added tax

The Swedish government proposes a tax reduction on bicycle repair by 50%. – Photo Bike Europe

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...

Since the beginning of the new year there are new EU VAT rules for cross border sales of webshops. - Photo EU

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...

Retail sales (VAT included) of bikes and related parts en accessories grew 3% to € 36 billion in 2013. – Photo Chris Keam

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)...

The European Parliament points out the importance of the retail sector for the European economy.- Photo Bike Europe

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

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

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

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?

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

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...