Major standard VAT and GST rate changes scheduled for 1 January 2023 Below is a live list of planned global VAT rate changes from around the world. You can read about all 2023 international VAT changes here, and sign-up for our VAT newsletter to keep
Increase for annual threshold for reporting intra-community movements of goods The Baltic state of Estonia is hiking the Intrastat goods arrivals and dispatches reporting threshold from 1 January 2023. The changes will be: Dispatches: will increase from €200,000 to €270,000 Arrivals: is unchanged from 2022
Cuts in range of accommodation, digital books; roll over of cuts to heating and food rates A range of reduced VAT rates have been confirmed for the 1 January 2023. The current VAT rate in Lithuania is 21%. Read more in our Lithuanian VAT guide.
Tax tech disruptor, VATCalc, has appointed Kid Misso as its Chief Operating Officer to lead the scaling-up of its revolutionary application for indirect tax VATCalc is already building an impressive collection of global customers which have adopted its single tax determination and reporting application. They
Standard VAT rate returned to 15% from 14.5% 1 January 2023 following COVID In its 2023 Budget, Zimbabwe has returned its standard VAT rate to 15%. It was originally cut to 14.5% at the start of 2020. This was done to help households during the
VAT in the Digital Age (ViDA) package tackles abuse of Import One Stop-Shop numbers and import VAT evasion Included within the EU VAT in the Digital Age reforms package announced on 8 December 2022, is a measure to help prevent abuse of Import One Stop-Shop IOSS
2% temporary cut in VAT rate Feb to Dec 2022 expires Vietnam’s standard VAT rate on a range of supplies will return to 10%. Between 1 February and 31 December 2022, the rate has been cut to 8% to help stimulate the economy which is struggling
Parliament review VAT rate cuts to food, restaurants and other services The Riigikogu, the Parliament of Estonia, is reviewing a Bill to reduce to the reduced VAT rate of 5% the following supplies: Food excluding alcohol and tobacco Restaurant and catering feed and mixed feed
