- Estonia plans to further increase VAT rate from 22% to 24% on 1 July 2025
- Increase in VAT rate is to fund growing defence needs in response to complex regional landscape
- European countries are using VAT rate adjustments to support public services like healthcare and defence
- Businesses in Estonia should prepare for potential impact on pricing and consumer demand
- Foreign companies selling to Estonian consumers should monitor pricing adjustments for VAT compliance
- Prepare for VAT rate increase by reviewing compliance systems, updating pricing strategies, and considering cash flow management.
Source: deeksvat.co.uk
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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