- Nepal is considering a multi-rate VAT system.
- The announcement was made in the 2025-26 Budget.
- Currently, Nepal has a single VAT rate of 13 percent.
- Electronic payments will no longer attract VAT.
- Tax breaks will be extended to hotels, resorts, and IT companies.
- A five-year income tax holiday will be introduced for start-ups with turnover not exceeding NPR100m.
Source: answerconnect.cch.com
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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