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Finland: From 2026, Finland plans to reduce the 14% VAT rate to 13.5% on foods, catering, transport, accommodation, medicines, cultural and sports activities, and public broadcasting, per draft Budget 2026.
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Fiji: Effective 1 August 2025, Fiji cuts its standard VAT from 15% to 12.5% as part of the 2025-2026 Budget, aiming to ease living costs and provide broader economic relief.
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Ghana: Ghana announces a reduced VAT rate and higher registration threshold to exempt small businesses; a new 16% preferential rate promotes electronic payments and tax compliance, details pending official drafting.
Source: fintua.com
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