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 up-to-date.
Or you can check our global VAT rate database which covers over 300 countries, states, provinces and dependancy territories.
- Luxembourg – 17% to 16%
- Mozambique cuts VAT to 16%
- Ghana raises VAT to 15%
- Zimbabwe raises to 15%
- Singapore increases GST to 8%
- Vietnam returns to 10% VAT
- Uzbekistan reduction to 12%
- Maldives raises GST to 8%
- Aruba increases Turnover Tax to 7%
- Suriname implements 15%
- Palau implements 10% GST
- Guinea-Bissau implements 19% VAT
4 reasons VAT Calculator is the best tax engine in the market
| VAT Calc's tax engine - operating in days; saving you huge costs and risks on tax liabilities | |
| 1. VAT Calculator is the only global tax engine built on tax laws as opposed to custom rules | Instant implementations for any business! You won’t need expensive consultants spending months adapting it with their fiddly custom rules that require ongoing maintenance. We already have all the complexity of any use case ready-to-go out of the box: triangulation; 2021 EU ecommerce reforms; gig & sharing economy taxes; customs and warehouse exemptions and the rest of your wish list. In fact, a VAT Calc implementation is mostly just building to our API - days instead of months! |
| 2. Using VAT Script, you take complete, real-time control of the rules | Whilst our engine is built from the national tax laws up, you may have requirements that are nuanced to your business. No problem: with VAT Script, our proprietary tax programming interface, which you can be trained-up in minutes, allows you to adapt the assumptions to your business model or interpretation of tax rules. No need to call IT and ERP teams or pay for costly outside help for punishingly lengthy code change-cycles. |
| 3. So good, we built two | You may have already done the tax calculations on large batches of transactions, but you need it verified. Our VAT Auditor application will instantly verify the VAT / GST calculations of any size file, and return line-by-line errors and suggested changes. No complex or expensive integrations. You can make the amendments live in the system, and, if you wish, commit to our VAT Filer. |
| 4. It’s on the same single-platform as our VAT Filer returns service | Not convinced yet? This is the killer feature. Your calculations are immediately reported in the right return and box without any further connections, integrations, or fiddly reconciliations. That's hundreds of hours and thousands in consulting and software costs saved. VAT Calc is the only tax engine with calculations AND returns on the same application. |
