Final Vat Rate

22/08/2025 12 min
Final Vat Rate

Listen "Final Vat Rate"

Episode Synopsis

The final VAT rate that will be paid by businesses is expected to be reduced from 22% to 20 % from 2026. Businesses currently pay about 22 percent as the effective VAT, however due to the current on-going reforms and moves to simplify this tax type and regulations, that final rate will be reduced to 20 percent.