|
To answer the question myself:
Last week I bought an eBook from Amazon for £8.87. Now that same book costs £7.93.
The £8.87 was for a Luxembourg VAT rate of 15%, so without VAT the price would be:
8.87/1.15 = £7.71
The price is now £7.93, which means the rate of VAT that's been charged is:
7.93 / 7.71 = 1.03
So yes, looks like the VAT rate is now 3%.
Very good news!
|