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Ukraine introduces reduced 14% VAT rate

Ukraine has introduced a new 14% reduced VAT rate from 1 March 2021. This is added to the existing standard VAT rate of 15% and the reduced rate of 7% on pharmaceuticals, and admission to cultural / cinema / sport etc and . The original plan had been to introduce this rate on 1 January 2021.

VAT Calc’s global VAT and GST rates checker provides live indirect tax rates from around the world.

The new rate applies to certain foodstuffs:

  1. Cattle
  2. Milk
  3. Crops (wheat; corn; flax and rape seed; soybeans)

Future global VAT / GST changes

Date Country VAT / GST  changes (click for details)
2023
1 Jan 2023 Europe European VAT registration thresholds & Intrastat
1 Jan 2023 EU Tourism operators margin scheme reforms proposal
1 Jan 2023 France Introduction of VAT group option
1 Jan 2023 UK VAT penalty regime reforms
1 Jan 2023 Luxembourg Temporary VAT rate cut to 16%
1 Jan 2023 Netherlands Increase in VAT registration threshold
1 Jan 2023 Ireland Print and digital newspapers reduced to 0% VAT
1 Jan 2023 Portugal ATCUD invoicing; SAF-T Billing; QR Code for non-residents
1 Jan 2023 Portugal Accounting SAF-T invoice listing for non-resident businesses
1 Jan 2023 Poland VAT Groups introduced
1 Jan 2023 Poland SLIM VAT 3; 20 reforms to Polish regime
1 Jan 2023 Bulgaria Hotel, trouism, health, catering 9% VAT rate ends
1 Jan 2023 Lithuania Accommodation, catering, sports VAT cuts
1 Jan 2023 Romania Potential rises for hotels and other services
1 Jan 2023 Serbia B2B transactions (following 2022 B2G)
1 Jan 2023 Jersey Foreign e-commerce and marketplaces into GST net
1 Jan 2023 EU DAC 7 harmonised digital platform VAT transaction requests
1 Jan 2023 Bulgaria VAT registration threshold rise
1 Jan 2023 Ukraine SAF-T phased introduction
1 Jan 2023 Mozambique Mozambique cuts VAT to 16%
1 Jan 2023 Ghana Increases VAT to 15%
1 Jan 2023 Saudi Arabia Phase 2 of mandatory e-invoicing
1 Jan 2023 India India cuts e-invoicing threshold to ₹5 crore
1 Jan 2023 China Fapiao special invoice mandatory
1 Jan 2023 SIngapore Increases GST to 8%
1 Jan 2023 SIngapore GST exemption withdrawn on e-commerce imports
1 Jan 2023 Malaysia Sales tax on low-value import consignments
1 Jan 2023 Malaysia Phased introduction of e-invoicing - TBC
1 Jan 2023 Vietnam Crisis 2% VAT cut on basics is withdrawn
1 Jan 2023 Australia Australia PEPPOL e-invoicing 2023
1 Jan 2023 US Missouri sales tax on foreign e-commerce
1 Jan 2023 Uzbekistan Reduction of VAT rate to 12%
1 Jan 2023 UAE Potential e-invoice implementation
1 Jan 2023 Guinea-Bissau Implements VAT
1 Jan 2023 Suriname 15% VAT implementation
1 Jan 2023 Brazil Extension of e-invoicing to small companies
1 Jan 2023 Chile Extends VAT to many services
1 Jan 2023 Dominican Republic VAT on foreign digital services providers
1 Jan 2023 Dominican Republic Phased introduction of e-invoicing
1 Jan 2023 Panama Next phase of mandatory e-invoicing
1 Jan 2023 Maldives Raises GST to 8%
1 Jan 2023 Aruba Raises Turnover Tax 1% to 7%
31 Jan 2023 Romania First SAF-T returns due
1 Feb 2023 Botswana Ends temporary VAT cut to 12%
1 Mar 2023 Ireland Tourism VAT rate returns to 13.5%
1 Mar 2023 Belgium Electricity and heating VAT rate cut ends
1 Apr 2023 Guatemala Latest round of taxpayers on e-invoicing
1 Apr 2023 New Zealand Ends requirement for tax invoice
1 Jul 2023 Greece Ends COVID-19 temporary reduced rates
1 Jul 2023 Australia Peppol e-invoicing
1 Jul 2023 Philippines 12% VAT on foreign digital service providers
1 Sep 2023 Thailand Raises VAT to 10%
1 Oct 2023 Japan Tax qualified invoices
2024
1 Jan 2024 Spain Likely start of e-invoicing rollout
1 Jan 2023 Switzerland VAT rises to 8.1%
1 Jan 2024 Germany Restaurant and catering temporary VAT cut to 7% ends
1 Jan 2024 Poland Mandated e-invoicing introduced
1 Jan 2024 Slovakia IS EFA e-invoicing for B2B and B2C
1 Jan 2024 Bahrain Potential e-invoicing implementation
1 Jan 2024 SIngapore Increases GST to 9%
1 Jan 2024 Aruba Implements 12.5% VAT
1 Apr 2024 New Zealand 15% GST on gig and sharing economies digital platforms
1 Jul 2024 Belgium Phased B2B e-invoicing mandate
1 Jul 2024 Spain Certified electronic invoice software
1 Jul 2024 France E-invoice and e-reporting for B2B and B2C
1 Jul 2024 Bhutan Implementation of VAT
2025
1 Jan 2025 EU Increased VAT rate setting freedoms
1 Jan 2025 EU VAT rate thresholds change foreign companies
1 Jan 2025 EU EU VAT rule changes on cross-border virtual events
1 Jan 2025 Latvia B2B e-invoices mandated
1 Jan 2025 Indonesia VAT rate to rise 1% to 12%

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