Reed NewsReed News

Swedish Restaurant Spice 'n Rice Plans Price Cuts Following VAT Reduction on Takeaway Food

Economy & businessEconomy
Key Points
  • Sweden reduced VAT on food starting April 1, 2026, affecting both grocery stores and restaurant takeaway meals.
  • Restaurant Spice 'n Rice plans to lower takeaway food prices in response to the tax change, though details remain unclear.
  • The restaurant industry criticizes the reform for creating complex tax rates and estimates potential tax errors of one billion kronor.

Starting April 1, 2026, Sweden has implemented a reduced VAT rate on food, including takeaway meals from restaurants, though the reduction does not apply to food consumed on premises. The restaurant Spice 'n Rice on Allégatan reportedly plans to lower prices on its takeaway food in response to the tax change, though the specific form of the price reduction remains unclear.

According to reports from Borås Tidning and Skånska Dagbladet, the VAT reduction applies to both grocery store food and restaurant takeaway meals. However, the restaurant industry has criticized the reform because it creates different tax rates depending on where food is consumed. The industry organization Visita estimates the new system could lead to tax errors equivalent to one billion Swedish kronor.

It's the wrong way to go

Thomas Jakobsson, chief economist at Visita

"It's the wrong way to go," said Thomas Jakobsson, chief economist at Visita, expressing concerns about the complexity of different tax rates for consumers and restaurant owners. While some grocery stores have already begun lowering prices ahead of the April 1 implementation, it's not certain that all restaurants will pass on the VAT reduction to customers through lower takeaway prices.

Transparency

How we verified this article

LowBased on 2 sources
2 sources1 Involved