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Gibraltar to Introduce Rising Transaction Tax Under Post-Brexit UK-Spain Agreement

  • Gibraltar will introduce a 15% Transaction Tax on goods starting 10th April 2026.
  • The tax will increase to 16% in 2027 and 17% in 2028.
  • This measure is part of a post-Brexit agreement with Spain to maintain open borders and avoid a hard border.
  • Details were announced by the local government on 4 February 2026.

Source: vatcalc.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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