Upcoming Fiscal Measures in Romania
- Two-Stage Implementation: The new government’s fiscal measures will be implemented in two phases: some starting July 1, 2025, and others from early 2026.
- VAT Increase to 21%: Effective July 1, 2025, VAT will rise from 19% to 21%, aimed at reducing the budget deficit and potentially generating an additional 7 billion lei by year-end.
- Elimination of Caps: The new measures will also include the removal of existing caps, impacting various sectors and affecting Romanian citizens directly.
Source
Join our Linkedin Group on ”VAT Rates – Legislative changes”, click HERE
Latest Posts in "Romania"
- ANAF to Pre-fill VAT Return Using SAF-T Data in Pilot Program
- Romania Expands RO e-Invoice Registration: New Form 082, More Entities Required by 2025-2026
- Antreprenorii Must Know Their Businesses: SAF-T Reveals More, But Doesn’t Help Struggling Companies
- Romania Eases RO e-Invoice Rules for Small Businesses and Individuals
- Romania expands taxpayer obligations regarding RO e-invoice register
