Lovat Newsletter – November 2023

VAT and GST rate changes in 2024

From January 2024, there will be several changes to VAT and GST rates in different countries. Here is a summary of the key changes:

From 7.7% to 8.1% will increase Switzerland’s standard VAT rate. From 2.5% to 2.6% will increase the reduced VAT rate.
From 20% to 22% is scheduled to increase Estonia’s standard VAT rate.
From 8% to 9% will increase Singapore’s GST rate.

How to Fix a Suspended VAT Number

If your VAT number has been deactivated, don’t panic! There is a way to get it back. This article will walk you step-by-step through the process of reactivating your VAT number, so you can get your business back on track.

Reed more

6 VAT guides added

Barbados VAT guide for goods
Belgium VAT guide for goods
Costa Rica VAT guide for goods
Switzerland VAT guide for goods
Sri Lanka VAT guide for goods
Dominican Republic VAT guide to digital services

5 new EPR guides available

EPR regulations for Batteries in Spain
EPR regulations for packaging in Latvia
EPR regulations for packaging in Luxemburg
EPR regulations for packaging in Estonia
EPR regulations for packaging in Czech Republic

We are here to support your compliance journey. If you have questions or need assistance, feel free to reach out to our dedicated team. Contact us