Amongst others, the 5% preferential rate would no longer apply for the supply of pellets, pellet stoves, and pellet kettles. Products for human consumption that are not subject to the 5% VAT rate would be subject to the 10% rate.
The amendments related with the preferential rates are to start to apply as of 1 September 2023.
Source: KPMG
Latest Posts in "Macedonia"
- Finance Ministry: VAT Payment Unchanged for Temu Packages Despite New Tax Law Amendments
- North Macedonia to Pilot E-Invoicing System from January 2026 to Boost VAT Compliance
- North Macedonia to Launch Mandatory E-Invoicing System by Q3 2026, Pilot Starts January
- North Macedonia to End VAT Exemption on Low-Value Online Imports, Aligning with EU Tax Rules
- North Macedonia to Launch E-Invoicing System in Q3 2026, Announces Public Revenue Office
