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Changes to VAT Exemptions: Loan Services, Educational Supplies, and Sports Equipment

  • VAT stock provision will be abolished starting from January 1, 2026
  • VAT exemption on granting and arranging of loans will be expanded starting from January 1, 2025
  • Provisions on VAT exemption of school and educational supplies will be revised starting from January 1, 2025
  • Other supplies in connection with sport will also be affected by the changes starting from January 1, 2025

Source: assets.kpmg.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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