4% VAT increase to 16% 2026 proposal; new 10% reduced rate; and lower registration threshold Kazakhstan’s Parliament lower house approved amendments to the Tax Code in a final reading on 30 April 2025. The Senate will now review the tax changes. The amendments to the
Finance Ministry says 2% VAT rise may be necessary May 2025 Sources in the Finance Ministry are reported in media as indicating a May 2025 2% VAT rise is imminent following disappointing GDP deficit numbers. There will likely also be a rise in the 9%
Review of 2021 liabilities on goods sold by overseas sellers to UK consumers via marketplaces On 28 April 2025, the UK’s HMRC announced plans to review the January 2021 marketplace liabilities for import consignments not exceeding £135. These rules made the UK facilitating marketplace liable
Draft legislation for 1 Jan 2027 UK CBAM levy on imports of carbon intensive goods The UK’s HMRC has published on 25 April 2025 draft primary legislation for consultation for the 1 January 2027 introduction of a Carbon Border Adjustment Mechanism (CBAM). The consultation will
VAT remains at 15%; coalition withdraws two, 0.5% increases – May 2025 & April 2026 – to 16% The South African government on 24 April withdrew the proposed 0.5% VAT rise to 15.5% due to go ahead on 1 May 2025. The rise was contained
July 2025 5% DST to be replaced by 15% Withholding Tax Uganda is the latest country to propose retiring its Digital Services Tax on foreign suppliers of digital services. This comes as US DST review progresses with the threat of trade tariffs for jurisdictions that
2028 incentives for non-resident marketplaces to take on ‘Facilitating marketplace’ with VAT reporting IOSS obligations as part of Customs reforms The European Commission and members states are closing on 13 May 2025 (ECOFIN meeting) agreeing a range of incentives for foreign marketplaces to take on
Italy & US agree DST are discriminatory taxes Following meetings between Italian Prime Minister Meloni and US President Trump, their governments have issued a statement against “discriminatory” taxes such as Italy’s Digital Services Taxes. On 21 February 2025, US President Trump signed an order to
1st October 2025 non-resident sellers and marketplaces subject to 18% VAT on B2C digital and electronic services The South Asian island country of Sri Lanka on 11 April certified its Value Added Tax (Amendment) Act No. 04 of 2025. This includes imposing VAT on non-resident
Seller, buyer, certified agents and tax authorities in open e-invoice model As global e-invoicing mandates expand, the long-term popularity of 5-corner e-invoicing decentralised model is emerging as the end game for most. It is the model adopted for July 2030 EU ViDA e-invoicing It’s the
