- Discounted VAT Rate Days are on December 12 and 20, 2025, with a reduced 5% VAT on vatable goods.
- Only VAT-registered businesses that are up-to-date with filings and payments can participate.
- The 5% VAT rate excludes services, alcohol, tobacco, firearms, and ammunition.
- For vehicle sales, the 5% rate applies only to the first $50,000; the rest is taxed at 17%.
- Businesses must apply by December 8, 2025, and are encouraged to prepare early.
Source: sknird.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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