Click HERE for the Link to the PODCAST on SPOTIFY: Global VAT rate changes in December 2024
Global Upcoming VAT Rate changes – Chronological, click HERE
Join our Linkedin Group on ”VAT Rates – Legislative changes”, click HERE
Don’t miss any VAT and other indirect tax news ….
- Visit our website www.vatupdate.com
- Use our search function on any term, per country, select a tag or a period
- Follow us on Linkedin
Highlights
- Ecuador Extends 15% VAT Rate into 2025 Amid Economic Crisis
- Estonia Announces Temporary VAT Hike from 22% to 24% Until 2028
- Finland Raises Reduced VAT Rate to 14% Starting January 2025
- Indonesia to Increase VAT on Luxury Goods to 12% in 2025
- Israel’s VAT Rate to Increase to 18% Starting January 2025
- Malta Implements 0% VAT on Feminine Hygiene and Cancer Treatment Products from 2025
- Montenegro New 15% Reduced Rate from January 1, 2025
- Slovenia to Impose 22% VAT on Sugary Drinks from January 2025
- Vietnam Extends 2% VAT Cut to Boost Economy Until June 2025
Angola
- Angola’s 2025 Draft Budget Bill Proposes Reduced VAT on Industrial Equipment Imports
- Zero Rated Food Items Announcement for Anguilla Residents
Anguilla
- Anguilla Exempts All Food from GST Except Confectionery and Alcohol-Infused Items
- Anguilla Initiates Public Discussion on Removing GST from Food Items
- Stakeholder Consultation on Removing GST from Food Items in Anguilla
Antigua & Barbuda
Bahrain
Belgium
- Update demolition and reconstruction – New Circular published
- Belgium Proposes Extension of Reduced VAT on Housing Demolition, Reconstruction Until 2025
- Circular 2024/C/73 extension of reduced VAT rate for demolition and reconstruction from 01.06.2024
Belize
- Belize Issues Temporary Zero-Rate GST Guidance for Select Goods in December
- Belize Tax Service Clarifies December GST Changes for Specific Goods and Services
Brazil
Bulgaria
Canada
- GST/HST Rules for Single Servings of Ice Cream and Related Products
- Canada’s New Tax-Free Holiday Essentials Act Boosts Seasonal Savings
- Canada Announces Temporary GST/HST Holiday for Select Items, Effective December 2024
- Canada’s Temporary GST/HST Holiday: Impact and Insights on Qualifying Goods
- Government Implements GST Waiver, Quebec Opts Out of Federal Tax Holiday
- Canada Announces Temporary GST/HST Break for Select Items, Dec 2024-Feb 2025
- Deputy Prime Minister Advocates for Bill C-78: Tax-Free Essentials for Canadians
Costa Rica
Cyprus/ Turkey
Denmark
- Denmark Sets Zero VAT on Domestic Flights Starting 2025
- Danish Tax Council Clarifies VAT and Payroll Exemptions for International Ship Voyages
Ecuador
- Ecuador’s 2024 Indirect Tax Reforms: Key Changes and Implications
- Ecuador Cuts VAT to 8% for Tourism During New Year Holiday
- Ecuador Extends 15% VAT Rate into 2025 Amid Economic Crisis
- Ecuador Extends 15% VAT Rate Through 2025 Amid Economic Crisis
Egypt
- Egypt Repeals VAT on Specific Export Services by Agents and Branches
- Egyptian Tax Authority Reforms VAT Policy on Exported Services, Cancels 2019 Circulars
- Egypt Cancels VAT on Specific Exported Services Effective November 2024
Estonia
- Estonia’s Finance Minister Criticizes Plan to Lower VAT on Food as Fiscal Waste
- Estonia Considers VAT Increase on Sweets Following 2024 Budget Proposal
- Estonia Announces Temporary VAT Hike from 22% to 24% Until 2028
- Parliament Passes 2% Increase in VAT Rate
Estonia/ Israel/ Liechtenstein/ Luxembourg/ Singapore/ Switzerland/ Vietnam
Europe
European Union
- EU VAT Rates 2025: Impact of Pandemic and Ongoing Ukraine War
- Group Advocates for Unified EU Value-Added Tax Rate to Simplify System
- Global VAT Rate Adjustments and Regulatory Changes in 2025
Finland
- Finland Raises Reduced VAT Rate to 14% Starting January 2025
- Finland to Increase VAT on Select Goods and Services in 2025
- Finland Raises Reduced VAT Rate to 14%, Effective January 2025
- Finland Announces 2025 Tax Reforms: Key Changes in VAT and Sweets Tax Rates
- New VAT Rate Changes Effective January 2025
France
- France Reduces VAT, Exempts Property Tax for Select Social Housing Renovations
- France Slashes VAT on Shoe and Leather Repairs to 5.5% Starting 2025
Germany
- Chancellor Scholz Proposes VAT Cut on Groceries Amid Election Campaign
- Germany Sets Reduced VAT Rates for Collector Gold and Silver Coins in 2025
Greece
- Greece Advised to Expand VAT Base to Reduce Labor Taxes, OECD Says
- OECD Recommends Greece Reduce Low VAT Rates and Exemptions
Hungary
- Tax Authority and Finance Ministry’s Guide on Natural Gas Sales Reverse Charge
- New Autumn Tax Reforms in Hungary: Public Consultation and Key Amendments
India
- IRDAI Consults Industry on Optimal GST Rates for Insurance Sector
- India’s New Popcorn Tax Policy: Rates Vary by Ingredients and Branding
- GST on Caramel Popcorn in Theaters Remains at 5%, Used EVs Rise to 18%
- India’s GST system is now a mess; Those who designed it also are confused
- Unified 18% GST Rate on Sale of Old and Used Vehicles: Guidelines and FAQs
- Key Decisions from the 55th GST Council Meeting in Jaisalmer
- Finance Minister Clarifies GST Rates on Popcorn Amid Controversy
- GST rate on popcorn: Key questions answered | FAQs
- GST on sale of old and used vehicles (EVs): 18% GST rate and guidelines | FAQs
- 55th GST Council Recommends Key Changes in GST Rates
- Retrospective 5% GST on Food Delivery App Charges Expected from 2022
- States Split on GST Rate Changes Amid Economic Uncertainty
- Proposed GST Hike to 35%: Impact on Tobacco, Beverages, and Luxury Goods
- Apparel Industry Alarmed by Proposed GST Increases on Clothing
- Industry Concerns Over Proposed GST Hike Impact on Retail Sector
- CMAI Concerns Over Proposed GST Hike Impacting Apparel Sector in India
Indonesia
- President Prabowo Announces 12% VAT Hike on Luxury Goods from 2025
- Indonesia Limits VAT Increase to Luxury Items, Exempts Basic Goods
- Indonesia Implements Broad VAT Increase, Includes Measures for Lower-Income Earners
- Indonesia Raises VAT to 12%, Exempts Essential Goods from Increase
- Indonesia Raises VAT to 12%, Exempts Essential Goods and Services from 2025
- Indonesia to Subsidize 1% VAT Increase for Key Commodities in 2025
- Indonesia Offers 50% Electricity Discount Amid VAT Hike to 12%
- Indonesia to Increase VAT to 12%, Ensures Key Exemptions and $2.5 Billion Incentives
- Indonesia Modifies VAT Increase, Targets Luxury Goods Only
- Indonesia to Increase VAT on Luxury Goods to 12% in 2025
- Indonesia to Increase VAT to 12% on Luxury Goods in 2025
Ireland
- VAT Guidelines for Solicitors’ Services Under the VATCA 2010
- Irish Revenue Updates VAT Guidelines and Thresholds for 2024
- Ireland’s 2025 Budget: Key VAT Rate Changes and Extensions
Israel
- Israel’s VAT Rate to Increase to 18% Starting January 2025
- Israel’s VAT Increase to 18% Starting January 2025: Implementation Details
- VAT Rate increase from 17 to 18% as of 2025
- Israel Increases VAT to 18% to Tackle Soaring Budget Deficit
- Israel Increases VAT to 18% to Address Budget Deficit
Italy
- Expansion of 5% VAT Rate to Alpine Sports Courses in 2025 Budget Law
- 4% VAT Rate for Architectural Barrier Removal in Museums Focused on Work Nature
- 4% VAT Rate for Removing Architectural Barriers in Museums
- 10% VAT Exemption Denied for Underground Tourist Path Safety Measures
- Tax Agency Clarifies VAT Rate for Pet Litter and Its Broader Implications
- Italian Revenue Agency Clarifies VAT Rate on Pet Litter and Functional Destination
- VAT Rates for Animal Bedding with Vegetable Composition in Italy
- Tax Implications for Prefabricated Home Components Under Italian VAT Law
Kazakhstan
Kenya
- Kenya Travel Agents Reject Proposed VAT on Air Ticketing Services
- Kenya Travel Agents CEO Criticizes Proposed 16% VAT on Air Travel Services
Kyrgyzstan
Latvia
- Fruit, berries and vegetables subject to reduced VAT rate
- Latvia Extends 12% VAT Rate on Fresh Produce, Effective 2025
Lithuania
Malta
- Malta Implements 0% VAT on Feminine Hygiene and Cancer Treatment Products from 2025
- Malta to Implement 0% VAT on Women’s Sanitary Products from 2025
Moldova
- Moldova Implements 6% VAT Cut for Hospitality During Emergency
- Moldova Announces Temporary VAT Cut for HORECA Sector Amid Energy Crisis
- Reduced VAT Rate for HORECA Sector During Emergency in Moldova
Montenegro
Netherlands
- Changes to VAT Rates Effective January 2025
- Dutch Court Upholds VAT Assessments on UK Metal Trader Despite Son’s Acquittal
- Transitional arrangement for VAT rate for accommodation, culture, sports and media
- Court Rules VAT Exemptions Invalid Without Fiscal Representative
- Tax Plan 2025: Transition Rules for VAT Increase on Lodging, Culture, Sports, and Media
- Dutch Workers to Pay More Tax in 2026 to Offset Cultural VAT Hike Costs
- Partial Delay in VAT Rate Transition for Specific Goods and Services
- Dutch State Secretary Suspends VAT Increase Transition for Media, Culture, and Sports
- Transitional law for statutory VAT increase on culture is suspended
- Suspension of Transition Law for Scheduled VAT Increase on Cultural Services
- Impact of Van Dijk Motion on Transitional VAT Law for Culture, Media, and Sports
- Van Oostenbruggen’s commitment to suspend VAT increase on sports, media and culture
- Dutch Court Rules on VAT Zero-Rate Application for Non-Resident Alcohol Wholesaler
- Dutch Senate Grapples with Government’s VAT Increase Proposal
- Dutch Parliament Adopts Motion for Alternative to Reduced VAT Rate Abolition
- Van Oostenbruggen Seeks Alternative to VAT Increase on Sports and Culture
- Details on Alternatives to Reduced VAT Rates Abolition in Culture by January End
- State Secretary Discusses Alternative Plans for Abolishing Reduced VAT Rates on Culture
- Dutch VAT Rate on Agriculture Products Raised by 2025
Nigeria
- 2024 Nigeria Tax Bill: A Comprehensive Reform for Economic Growth and Fairness
- Nigeria Customs Eliminates VAT on LPG and CNG, Introduces Zero Import Duty
- Nigerians React to Tax Reform Bills Amid VAT Increase Concerns
Norway
- Extension of VAT Benefits for Battery Electric Passenger Vehicles in Norway
- Norway Announces New VAT Rates for 2025 Including Varied Reductions
- 2024 Amendments to the Norwegian Value Added Tax Act
- 2025 Norwegian VAT Rates Adjustment Act Effective from Budget Year
Pakistan
- FBR Issues Guidance on Sales Tax Rates Amid Changes
- FBR Announces Zero-Rated Goods for Sales Tax in Tax Year 2025
- Pakistan Holds Sales Tax Rate Steady at 18% for 2025
Papua New Guinea
Philippines
- Simplified VAT Zero-Rating Certificate Process for PEZA Businesses in Philippines
- Senator Hontiveros Proposes VAT Reduction to Aid Poor Amid Rising Prices
- Philippines to Implement 12% VAT on Non-Resident Digital Services
Poland
- Polish Government Adopts VAT Rate Changes and Tax Law Amendments
- Dance Courses and Group Sports Activities Subject to Higher VAT
- Government Proposes VAT Adjustments and Special Rates for Energy, Emissions, and Agriculture
- VAT Rate Changes for Art Sales in Poland from January 2025
- No Return to Zero VAT on Food Despite High Inflation
- Poland Approves VAT Amendments Affecting Medical Devices, Agricultural Goods, and Energy Services
- Government Approves Changes to VAT Rates
- There will be no return to zero VAT on food
Portugal
Romania
Russia
- Government Reduces VAT Rate on Expanded List of Agricultural Seeds
- Russia’s FNS Approves Registry Form for Zero VAT Rate Confirmation
- Russia Approves Products for 10% VAT Rate, Effective January 2025
Slovakia
- New VAT Rates for New Year’s Eve and New Year 2025 in Bratislava
- Changes to VAT Law in Slovakia: New Rates and Regulations Effective 2025
- Slovakia’s VAT Law Changes: New Rates and Registration Rules Starting 2025
- Slovakia’s VAT Rate Increase from 2025 as Part of Consolidation Package
- Reduced 5% VAT Rate Application on Specific Sports Services from 2025
- Slovakia Announces Tax Consolidation Package, Sets New VAT Rates for 2025
- New VAT Rates for Slovakia’s Restaurant and Catering Services from 2025
- Confusion in VAT Rates in Slovakia: A Looming Challenge
- Slovakia’s New VAT Rate Changes Effective January 2025: Key Points from Guide No. 8
Slovenia
- Slovenia to Impose 22% VAT on Sugary Drinks from January 2025
- New 22% VAT Rate on Sugary and Flavored Beverages from 2025
- Slovenia’s 2025 VAT Reforms: Key Changes and Impacts on Businesses
- Slovenian 2025 VAT and Invoice Act Changes
South Africa
Spain
- Key VAT-Related Measures in Recent Spanish Legislation
- DGT Confirms No VAT Adjustment for Adapted Vehicles Without Prior Disability Recognition
Sri Lanka
Sweden
Switzerland
Tajikistan
- Tajikistan Implements VAT on Vegetable Oil Sales
- Tajikistan Reduces VAT on Imported and Domestic Wheat Products
- Tajikistan Cuts VAT on Specific Air Transportation Equipment
Thailand
- Thailand’s VAT Hike Debate: Balancing Tax Reform and Public Trust
- Thai Party Reaffirms: VAT Increase Never Part of Government Policy!
- Deputy People’s Party Leader Criticizes Government Over VAT Hike Confusion
- Khon Kaen Chamber President Suggests VAT Increase Should Not Exceed 10%
- TDRI Proposes Gradual VAT Increase and Tax Restructuring in Thailand
- Thai SMEs and Commerce Chamber Oppose VAT Increase, Cite Poor Timing
- Paetongtarn Assures No VAT Increase to 15%, Promises Fair Tax Reform
- Thai Prime Minister Concerned Over Proposed Doubling of VAT Rate
- Prime Minister Paetongtarn Scraps Controversial 15% VAT Hike Plan
- Thailand Rejects VAT Increase After Public and Political Backlash
Tunisia
Turkey
- Turkey Raises Fuel Tax by 6%, Below Inflation Rate: Finance Minister Simsek
- New Presidential Decree 9126 Sets VAT Rates for Medical Foods and Medicines
- Turkey Sets New Tax Rates for Alcoholic Beverages and Hookah Tobacco
Ukraine
- Applying VAT Rates for Exporters with Over 20% Unreceived Payments
- Adjusting Export VAT Rates and Amounts: Required Documentation Fields
- Filling Out Export VAT Invoices for Zero-Rate Transactions in Ukraine
- Ukraine’s Finance Minister Confirms No Plans to Raise VAT Amid IMF Consultations
United Kingdom
- Test Your VAT Knowledge: Is It Standard, Zero-Rated, or Exempt?
- Understanding VAT on Remedial Construction Works: HMRC Guidelines
- 2024 Amendments to VAT Act: Impacts on DIY Housebuilders and Caravan Zero-Rating
- Zero-Rated Exports: The Procurement International Tribunal Decision
United States
- Central Ohio Sales & Use Tax Increase Effective April 2025
- Florida Gym Membership Dues Eligible for Sales Tax Holiday Based on Payment Date
- Kansas Eliminates State Sales Tax on Groceries Starting January 2025
- Kansas to Eliminate State Food Sales Tax in 2025
- Sales Tax Hike in Central Ohio COTA Areas Starting April 2025
- Louisiana Sales and Use Tax Reform for January
- Louisiana to Raise State Sales Tax to 5% Starting January 2025
- Monument, Colorado Passes Ordinance for Local Self-Administered Sales Tax Collection
- Maine Applies 5.5% Tax on Truck and Van Rentals, Retains 10% for Cars
- Maine Applies 5.5% Sales Tax to Specific Tangible Property Rentals
- Louisiana to Increase State Sales Tax to 5% Starting January 2025
- 2024/25 US Sales and Use Tax Changes: State-by-State Overview
- Louisiana to Increase Sales Tax, Extend It to Digital Products Starting 2025
- December 2024 Updates on US Sales Tax Rates in Alaska and Minnesota
Uruguay
Vietnam
- Vietnam’s 2025 VAT and Tax Administration Reforms: Key Changes and Impacts
- Vietnam Extends 2% VAT Cut to Boost Economy Until June 2025
- Vietnam’s New VAT Law: Major Updates Effective July 2025
- 15th National Assembly Extends 2% VAT Cut Through June 2025
- Proposal to Reduce VAT by 2% Until June 30, 2025
World
- Global VAT, GST, and Sales Tax Changes Starting January 2025
- End of the Year Checklist: Find the 2025 Key VAT Updates
- Global – Important VAT Changes 2025
- International VAT Rate Round Up: December 2024
- International VAT Rate Round Up: November 2024
- OECD Consumption Tax Trends 2024: VAT Rates and E-commerce Regulations
- Collection of Global Roundup of Rate Changes and Developments on VATupdate.com – November 2024
See also
