2027 VAT Changes Worldwide: Key Deadlines and Compliance Updates

Croatia extends the temporary 5% VAT rate on certain energy supplies (natural gas, heating, firewood, pellets, briquettes, wood chips) until 31 March 2027; after that, the higher reduced rate applies.
Cyprus will end its temporary 0% VAT rate on selected essential goods on 31 December 2026, so affected items revert to their normal VAT treatment from 1 January 2027.
Jamaica will apply 15% GCT to short-term rental accommodation from 1 April 2027, and raise the GCT rate on specified tourism activities from 10% to 15%.
Liberia will replace GST with VAT from 1 January 2027, with VAT registration already opened in July 2026.
Other 2027 changes include: Peru raising the reduced hospitality rate from 8% to 12%; Portugal introducing a revised VAT return and expanded pre-filled reporting from 1 July 2027; Serbia launching preliminary VAT returns from SEF; Tajikistan cutting its standard VAT rate to 13%; Thailand extending its reduced 7% VAT rate until 30 September 2027.

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.