Implemented

The following sections list recently implemented rate changes:

July 2023

• Turkish VAT rate changed from 18% to 20%.

January 2024

The following changes were made in January 2024:

• Swiss rate increased from 7.7% to 8.1%. The reduced rate for e-books increased from 2.5% to 2.6%. These changes apply to Liechtenstein as well.
• Estonia's rate increased to 22% .
• Luxembourg's rate reverted back to 17% after a temporary 1% reduction in 2023.
• Singapore's GST rate increased from 8% to 9%.

March 2024

• Malaysia's rate rose from 6% to 8%.

May 2024

• Laos' rate changed from 7% to 10%.

September 2024

• The VAT rate in Finland increased from 24% to 25.5%.

October 2024

• The 7% standard rate in Thailand is extended until September 2025.

January 2025

• Indonesia's rate increased to 12%.
• Slovak Republic rate increased from 20% to 23%.

April 2025

• Nova Scotia reduced the HST from 15% to 14%.

October 2025

• Thailand has extended its VAT rate of 7% until September 30 2026

Upcoming

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Note

The dates listed here are not certain. They are indicative approximates based on the most current information and may depend on other factors for confirmation before they are implemented.

The following lists the changes that are planned in the near future:

• September 30 2026: Thailand has extended its VAT rate of 7% until September 30 2026.
• January 01 2026: Kazakhstan has expressed a general intent to increase its rate up to 20% for a new Tax Code.
• January 01 2026: Russia is proposing to amend its rate from 20% to 22% for the Tax Code.
• No date: Switzerland may increase its rate from 8.1% to 8.5%.
• No date: Ukraine is proposing an increase from 20% to 22% or 23%.
• No date: Nigeria is proposing an increase from 7.5% to 10%.
• No date: Kenya is proposing a change from 16% to 14%.
• No date: Australia is considering changes to GST, including an increase in the rate from 10% to 15%.